Property sales still falling

Property sales fell further in November, according to the latest figures from the Royal Institution of Chartered Surveyors (RICS). The number of sales per estate agent fell during the three months to November to an average of 10.6, down from 10.9 a month ago, the lowest level since it began its survey in 1978. However, CML said there was some light at the end of the tunnel as interest among potential buyers had risen for the seventh month in a row and was now positive for the first time since October 2006 – with a 14 per cent increase in the number of buyer enquiries.