Wednesday, 22 December 2010

Ailing housing market will see prices fall by 2% next year, says RICS | Business | The Guardian

Ailing housing market will see prices fall by 2% next year, says RICS | Business | The Guardian

A prolonged stagnation in the property market will see house prices drop by 2% over the coming year, the body that represents estate agents predicted today.

The Royal Institution of Chartered Surveyors said the number of transactions would remain flat at about 900,000 in 2011 amid continued constraints on the availability of mortgages.

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