Tuesday, August 10, 2010

Not big news but maybe another trend indicator

House prices starting to fall, say surveyors

House prices are starting to fall, the latest survey by the Royal Institution of Chartered Surveyors (Rics) has said. It is the first time since July last year that its monthly survey has detected a downturn in prices. Rics said this was because more homes were being put up for sale, while enquiries from potential new buyers had fallen for the second month in a row. Buyers are still finding it hard to get a mortgage, while fear of unemployment is putting off others, Rics added.

Posted by quiet guy @ 02:29 AM (1600 views)
Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>