RICS survey shows near historic high in house price fall reports

March 11, 2008
The Royal Institution of Chartered Surveyors' latest monthly survey reveals that the proportion of surveyors reporting house price falls across the country rose to a near historic high of 64.1% in February. This was an increase from the balance of 54.7% of surveyors who reported price falls in January, suggesting the situation is deteriorating. RICS spokesman Ian Perry said: "Confidence …

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