The housing market is slowing down at the fastest rate in more four years, according to the latest results from the Royal Institution of Chartered Surveyors (RICS).
According to its monthly market survey, house prices have fallen for the second month in a row, promoting fears of a downturn in the market. The survey shows new buyer enquiries have dropped for the tenth consecutive month, it also shows 14.6% of chartered surveyors reported a fall rather than a rise in prices.
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