Wednesday 14 September 2011

Summer slide in house prices pushing sellers to put off until Autumn, RICS reports | Mail Online

Summer slide in house prices pushing sellers to put off until Autumn, RICS reports | Mail Online

The number of surveyors reporting house price falls increased last month with fears for the economy overtaking a lack of mortgage availability as the main reason for the slide, according to RICS.

The Royal Institute of Chartered Surveyors said its survey of members showed 23 per cent more reporting falls in August than reported rises, up from 22 per cent in July.

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