House prices are now falling at their steepest rate for nine years, suggests the latest RICS housing market survey.
A full decline in UK house prices has been registered by the Royal Institution for Chartered Surveyors for the first time in a year as house price activity dropped 11% in the three months to August.
Signs of a housing slowdown are now beginning to surface across the UK as a fall in the number of new buyers has now created a surplus of properties, suggests the latest Hometrack house price survey.
Rising interest rates are causing house price falls and slower consumption nationwide new economic data suggest.
House prices have frozen for the first time in a year, reveals the latest report from the Royal Institution of Chartered Surveyors.
Consumer confidence in the UK property market has dropped for the second month in a row on expectations this week will see further interest rates rises, says the Woolwich.
Property prices in Britain may be up to 30% above their equilibrium value, suggest the latest findings by the National Institute of Economic and Social Research.
House price growth in Wales has finally begun to slow after rising steadily since January 2001, says the Principality.
The UK property boom seems to have reached its peak as house price rises in June slowed for the third month in a row, according to a survey by Hometrack.
House prices slowed slightly for the first time in six months, signaling the property market is cooling figures from the Royal Institution of Chartered Surveyors suggest.