RICS survey
The Guardian doesn't report this very well. Yes, the survey shows that the no. of surveyors seeing falling prices exceeded the number who were seeing rising prices by the most since 1978. But that does not mean "house prices are falling at their fastest rate for 30 years'" - more information is required. The article should be balanced by the findings of the FT, Halifax, and Nationwide surveys, and an understanding of what the report means.Labels: house prices