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Prices falling across country
House prices fell throughout the UK last month as demand continued to weaken, according to new figures from the Royal Institution of Chartered Surveyors (RICS). Of the surveyors polled by RICS, 49.1 per cent more recorded a fall rather than a rise in property prices in December, compared to 40.6 per cent the previous month, which made it the worst balance recorded since November 1992. There was, however, an increase in seller activity, with four per cent more surveyors receiving more rather than fewer new instructions last month, as owners sought to offload their homes before the rollout of home information packs to all properties.



