- House prices are falling across the UK with estate agents at their most gloomy since 2009.
- More than two-thirds of the most expensive properties selling for below their asking price.
- RICS house price balance, measuring the difference between rises and falls, fell to the lowest figure since April 2009.
- 70% of properties marketed for £500,000 or more sold for less than their asking price.
- Tighter lending climate and stretched mortgage affordability weighing heavily on activity.
House prices fall across UK with estate agents gloomiest in 14 years
Poll by professional body finds 70% of most expensive properties selling for below asking price
Valentina Romei
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