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UK housing prices slide lower than forecast; fewer homes put up for sale

Royal Institution of Chartered Surveyors' house price index in February at five-year low

London home prices have been hurt by concerns about prospects for the financial services sector after Britain leaves the European Union in 2019, as well as tax changes that have increased the cost of buying expensive property, especially as a second home.


A CLOSELY watched gauge of British house prices neared a five-year low, and sales look set to remain subdued in the months to come as fewer home owners put their properties on the market.

The Royal Institution of Chartered Surveyors (RICS) said on Thursday that its house...

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