The Royal Institution of Chartered Surveyors (Rics) has warned that house sales could fall by over 40% during 2008.According to Rics chief economist, Simon Rubinsohn, housing transactions have declined by 31.7% year-on-year since January.He is expecting the second half of the year to prove a difficult period for the market because potential first-time buyers and [...]
Rics warns of 40% drop in house sales
