Summary
HALIFAX figures show that average house prices fell 1.7 per cent in July - a smaller fall than in June and smaller again than May's drop.
Sanguine commentators cite this as a sign that the slump may be slowing. Figures from the Royal Institution of Chartered Surveyors support this upbeat outlook, with the balance of surveyors reporting price falls declining for the third successive month. However, 89 per cent report cuts in house prices.See the full content of this document
Extract
Slump Slows ; but No Recovery Soon
Most agents say sales have...
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