The number of home sellers has hit a three-year high, raising further fears that house prices are set for a fall.
In the respected monthly survey from the Royal Institution of Chartered Surveyors, fears have been raised that sellers are outnumbering buyers. This is the reverse of last year, when a stark shortage of sellers, nervous about the recession, caused a surprise recovery in the housing market.
If sellers continue to outnumber buyers there is a strong likelihood that prices, already slipping, will fall further. Last week
