Study warns of house price falls

Press Association
For sale signs
For sale signs

House prices have "stalled" and they could fall by up to 2% in the next six months amid the weak economy and the ongoing eurozone crisis, a study has warned.


The increase in new homes coming on the market has outstripped the numbers of potential buyers registering with estate agents for the last three months, and the gap is set to widen as the seasonal summer slowdown kicks in, property analysts Hometrack said.