Tuesday, Sep 14, 2010
RICS -32% Surveyors saw house prices fall in Aug vs -8% Jul
Press Association: House prices drop for second month
House prices fell for the second month in a row during August as the number of homes on the market continued to increase, research has indicated.
Around 32% more chartered surveyors reported price falls during the month than those who saw rises, the highest number since May 2009, according to the Royal Institution of Chartered Surveyors (RICS).
RICS spokesman Jeremy Leaf said: "The latest set of results suggest prices in many parts of the country may be slipping but this does appear to be encouraging hopes amongst surveyors that sales levels could begin to pick up as a result.
Posted by little professor @ 12:52 AM (584 views) Add Comment
2 Comments
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1. str 2007 said...
There have been a few minor adjustments down here in Hampshire, but from asking prices that were above 2007 peak. So we have a way to go yet.
2. Lal said...
its interesting to see that they still put a positive spin on it all....