Slowdown "is not a temporary aberration but looks to be a shift in the UK property market’s landscape for the second half of the year," says top buying agency.
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'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;
'Most vendors are prepared to wait and see what happens in the hope that they’ll achieve a better price and a lower mortgage rate in the future,' says top-end estate agency.