Estate agents’ sales expectations have fallen to their
lowest ever level according to the monthly housing market survey undertaken by
the RICS. The body said agents’ expectations of sales growth in the next three months
had fallen to -92% - meaning 92% more surveyors thought sales would fall than
would rise - a lower figure than in the depth of the financial crisis and the
lowest since the metric was first recorded in 1998. New enquiries, new vendor
instructions and newly agreed sales all fell to record lows. Read more on the
Housing Today website.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
-
Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
9 hours ago
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