Families 'panic buying' property

Some estate agents are seeing more than ten potential buyers for every property coming to market, with two and three bedroom homes are in particularly short supply, the survey from the Royal Institution of Chartered Surveyors said, according to the Daily Mail. Meanwhile a second set of figures revealed house prices lifted by 8.5% year-on-year in April, as demand from homebuyers remains strong. But on a month-on-month basis, values dipped by 0.2%, marking the second monthly fall in a row and taking average prices to £177,648, Halifax reported. RICS said estate agents sold an average...