House Prices Fall: First time in two years as Interest rate rises
By: Peter Chubb | September 13, 2007 | Leave a Comment
The RICS has also reported that demand for property is still weakling as chartered surveyors agree that property fell by at least 1.8% in August. New buyers wanting property have also fell for the ninth time in a row, and now it is falling faster than it has for three years.
It seems as if house buyers are more cautious as they seem to wait to see if the Bank of England raises the interest rates.
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