08.05.2012 - UK: House prices falling steeply, says Royal Institution of Chartered Surveyors
Downward slide evidence of faltering economic confidence, says group, but London house prices experiencing a 'mini-boom' . The early 2012 rebound in the housing market has run out of steam, according to Britain's surveyors, who have reported price declines and falling activity across the country in April in the latest evidence of a broader economic slowdown. The Royal Institution of Chartered Surveyors said that 19% more surveyors reported price falls than price rises, while newly agreed sales turned negative and the number of properties on the books of surveyors rose again...............................................Full Article: Source
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