Regional divide as house prices came under increased pressure in April – report

Regional divide as house prices came under increased pressure in April – report

Until there is a clearer path for inflation and borrowing costs, activity and sentiment look set to remain subdued, RICS said. House prices came under increased pressure in April, with signs of a widening regional divide, according to surveyors. A net balance of 34% of property professionals reported house prices falling rather than rising, deteriorating from a balance of 25% of professionals who saw this in March, the Royal Institution of Chart…