RICS: Rush to sell puts pressure on house prices | This is Money
House prices are due to come under more pressure, as the latest RICS report shows a fresh influx of sellers adding to the number of homes on the market.
The rise in the number of homes being put up for sale continued to substantially outstrip any increase in demand from potential buyers, according to the Royal Institution of Chartered surveyors.
House prices are already on the way down, according to RICS members, with 21% more reporting falling prices than rising prices.
And the rush of homes being put up for sale is likely to weigh heavily on a tough market.
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