Britain saw the most widespread house price falls since early in the COVID-19 pandemic last month, as demand from buyers and sales activity slowed in the face of higher borrowing costs, a survey showed on Thursday. The Royal Institution of Chartered Surveyors (RICS) said that its house price net balance - which measures the difference between the percentage of surveyors seeing rises and falls in house prices - sank to -25 in November. This was the balance's lowest since May 2020, and below the -10 which economists had forecast in a Reuters poll. Looking at the year ahead, the balance for price expectations was -61. ... (full story)