| Widening gap between asking and selling prices |
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The Royal Institution of Chartered Surveyors (Rics) has reported that the average selling price of a UK home is now 9% below the asking price.
Rics chief economist, Simon Rubinsohn, warns that the gap could widen in the coming months as vendors are forced to accept lower offers in a shrinking market.
Figures from leading mortgage lenders
Posted originally: 2008-09-29 07:32:18 |
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LEON APARTMENT |
![]() ATILLA VILLAS ALTINKUM TURKEY |
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