RICS: House prices fall as sellers accept lower offers | Mail Online
Home sellers facing up to reality and accepting lower offers helped push sales up in October as house prices fell further, the latest RICS report has shown.
Sales activity remains at historically low levels, according to the Royal Institution of Chartered Surveyors, but October saw an uptick in buyers, with eight per cent more member estate agents recording a rise in newly-agreed sales than fall – the best reading for 18 months.
House prices continue to fall with 23 per cent more agents reporting a fall than rise, slightly down on the 23 per cent September figure on RICS’ closely watched property market barometer report.
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