Property market turns ‘slightly less downbeat’ – RICS

UK housing market activity metrics 'remain in deeply negative territory,' says the RICS, as property prices fall further.

Surveyors expect the weak sales market to continue for 'a while longer', before more stability returns.

'An important message coming back from RICS agents is around ensuring prices are set with an eye on the market conditions of today, rather than the recent past,' says the Institute's Chief Economist;