Tuesday, Mar 10, 2009
More spin on that RICS press release
Metro: House sales sink to new low
Property sales sunk to a new low during February as potential buyers continued to struggle to get a mortgage, research shows.
Inquiries from new buyers increased for the fourth month in a row during February, rising at their fastest pace since August 2006, according to the Royal Institution of Chartered Surveyors. But the up-surge in inquiries, failed to translate into transactions, with the average chartered surveyor estate agent agreeing just 9.5 sales during the three months to the end of February, down from 9.8 in November and the lowest level since the survey began in 1978.
Posted by mark wadsworth @ 10:04 AM (221 views) Add Comment
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