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UK house sales 'at 30-year blow'
fortunately, many vendors have finally started to accept current market conditions and are dropping their asking prices to achieve a sale .
average completed sales sper rics member fell to 10.9 between august and october, the lowest level since the body first compiled the data in 1978 .
even society, the general lack of mortgage finance remain's a major blockage in the housing market for a large majority of would-be buyers, he said .
sales should increase again the coming months as more and more sellers understand that greater realism is the only way to marke that long decisired move .
regarding house prices specifically, rics) has said 84% of its members saw prices fall between august and october, while 14% said prices were level, and 2% saw a rise .
rices spokesperson ian perry .
Generated 2008-11-14_2:20
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