House prices are continuing to fall across the country as buyers and sellers “sit tight” amid the political uncertainty caused by Brexit, according to the Royal Institution of Chartered Surveyors.
It found that the number of people looking for a new home between October and November fell 6%, while the number of agreed sales dropped 5%. The impact of softer demand meant house prices slid 1% last month, it said.
The Guardian added that the UK property market at its weakest since 2012 as Brexit takes its toll.