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Tuesday, December 14, 2010

Soak the Chamber in November prices as vendors are waiting for the new year (mediafed.com)

The number of both buyers and sellers entering the housing market declined during November, Rics said. The number of buyers and sellers to enter the housing market has decreased in November, said eterie. Tuesday, December 14, 2010 02: 42House prices declined in November that potential buyers demand decreased for sixth consecutive month, while selected owners develop their properties on the market, according to a new report.

In a survey of its members, the Royal Institution of Chartered Surveyors (to) said that a balance of 44 per cent had seen values decline during the month.

From the demand, the organization said first time buyers have been particularly thin field, mainly due to large deposits required for guaranteeing a loan from the House.

Meanwhile, the number of new instructions to sell fell for a second month right, suggesting that many owners hold for the new year before they try to sell.

Said to the average number of transactions completed by the surveyor has fallen to 14.8 within three months at the end of November, by taking the ratio to its lowest level since May of last year's stock sales.

Ian Perry, a spokesman for the Organization, commented: "there was little change in the market of housing in November." prices continued to lower edge and sales levels remain generally controlled.

According to Nationwide, the average home at United Kingdom cost £ 163,398 last month.

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