Thursday, 11 April 2019

House Prices Likely To Keep Falling For Another Six Months

House prices are likely to continue falling for another six months in the UK and for the whole of 2019 in London and the south-east, according to an industry survey. Separate official data shows that rents are also falling, with tenants typically paying £757 a month, down from £772 a year ago, continuing a pattern of declines that began after the Brexit vote in 2016. The Royal Institution of Chartered Surveyors (RICS) said that its March poll of surveyors found a subdued picture across the UK, with sales weak and an eighth successive month of falling inquiries from buyers. Read more on the Guardian website.
https://www.theguardian.com/money/2019/apr/11/uk-house-prices-likely-to-keep-falling-for-another-six-months

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