House sales dropped 40% since peak - RICS

June 12, 2012
House sales have dropped almost 40% since the height of the boom in 2007, according to the Royal Institution of Chartered Surveyors (RICS). RICS’ UK housing market survey revealed that during May, the average number of completed sales per surveyor was 15.6. In May 2007, the figure was 25.4. With the continuing mortgage finance drought, homes in 2012 are taking …

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