Sur­vey shows low ex­pec­ta­tions

Yorkshire Post - Property - - FRONT PAGE -

THE more op­ti­mistic out­look for the York­shire res­i­den­tial prop­erty mar­ket ap­pears to have run out of steam in April as prices edged lower, ac­cord­ing to the lat­est RICS UK Hous­ing Mar­ket sur­vey.

Across the re­gion, 30 per cent more char­tered sur­vey­ors re­ported falls rather than rises in house prices. Along­side this, ex­pec­ta­tions for fu­ture prices reached their low­est level since De­cem­ber last year with a net bal­ance of 43 per­cent more re­spon­dents pre­dict­ing falls rather than rises in house prices.

RICS York­shire spokesper­son, Jon Char­ters-reid, says: “It’s not sur­pris­ing when you con­sider the con­tin­u­ing lack of avail­able mort­gage fi­nance.”

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