Small steps

  • Story by: Stefanie Ives
  • Magazine: FinancialAdviser
  • Published Thursday , June 12, 2008

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The balance of Chartered Surveyors reporting house price falls decreased slightly in May but the average number of transactions for each surveyor fell further, according to Rics' UK housing market survey.

The Rics house price balance improved slightly for the first time in 10 months but still remains a significantly depressed figure with 92.9 per cent more Chartered Surveyors reporting a fall than a rise in house prices, a decrease from 94.7 per cent in April.

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