Rat and Mouse
Tue
14
Jun
RICS figures add to gloom

Yesterday, it was the ODPM. Today's numbers are courtesy of the RICS, and, to summarise: - 49% of RICS members are reporting falling rather than rising prices (the highest proportion since the 1990s crash) - the brief rise in the number of potential buyers has come to an end - sales are 29% lower than this time last year - there are 25% more unsold properties on the books than this time last year. Surveyors are putting their faith in an interest rate reduction. More, here. Or find the actual, factual report on the other side of this link.


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