Rat and Mouse
Tue
11
Oct
Market report - sales decline for first time this year

More agents/surveyors saw falls than rises in house prices, but not as many more as analysts were predicting. New buyer enquiries were up a tiny bit, but the most interest data aspect of the latest RICS report is that September saw the first decline in sales since January (with the average number of properties on agents' books rising by 3% to 68.9). RICS' expectations are for house prices to continue to fall for the next quarter.

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