UK Property Market Set To Remain Subdued
2017-12-22
‘Solid gains’ have been reported in house prices across Wales, Northern Ireland and north west England, but London continued to see a fall in November, according to the RICS.
Economic uncertainty and a shortage of homes for sale continued to weigh on the property market in November.
House prices remained flat as the number of people looking to buy a property declined further, according to the Royal Institution of Chartered Surveyors (RICS).
The supply crisis deepened with the number of homes being put up for sale falling for the 22nd month in a row.
Unsurprisingly, given the fall in both supply and demand, there was a further drop in the number of sales agreed, although the pace of decline moderated slightly compared with previous months.
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