Housing market outlook worst since 1992

December proved to be the worst month for the UK housing market since the aftermath of the UK’s 1990-1992 recession, according to a survey by RICs released today.

December proved to be the worst month for the UK housing market since the aftermath of the UK's 1990-1992 recession, according to a survey by RICS, released today. As Tom Stevenson comments in the Telegraph today, if you were there, you'll know how serious that is.'

The number of chartered surveyors and estate agents reporting falling prices rose to its highest level in fifteen years, with just one per cent reporting a rise compared to 61% reporting falls.

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