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UK house prices fall for third consecutive month as mortgage costs keep buyers away

From ph.news.yahoo.com

UK house prices fell for the third month in a row in December according to surveyors, with a decline in both the number of fresh properties listings coming onto the market and overall agreed sales. A net balance of 42% of professionals across the UK reported seeing a decline in prices, rather than an increase, according to the December 2022, survey from the Royal Institution of Chartered Surveyors (Rics). All regions across England are recording prices softening to some degree, with feedback pointing to East Anglia and the South East seeing the sharpest rates of decline, according to the survey. The number of fresh ... (full story)

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