From This is Money:
The latest report from the Royal Institution of Chartered Surveyors (Rics) showed buyer inquiries rising for the third month in a row, with 16% more of its estate agents reporting a rise in potential buyers than a fall.
But average sales per agent, over the three months to January, fell to a new record low of 9.9 ? less than one home per week.
Rics said that 76.3% more members reported price falls than rises in January, more than the 73.9% reporting falling prices the previous month.
The Rics survey is seen as an indicator of the property market and showed greater optimism among its members, with 10% more expecting sales to rise in the months to come, than those who expected them to fall.
– Could you afford to buy the home you live in?
Property sales among Rics estate agents in the three months to January effectively halted their recent declines, with offices averaging 9.9 sales over the period, compared to 10 reported the month before.
This figure still represente…