Next year will see further falls, but prices will climb nearly 18% by 2028
October saw a 0.9% rise, when economists were predicting a 0.4% fall
Total decline for 2023 expected to reach 2%, followed by a further 2% in 2024
High interest rates to blame for 23% decline in activity
Lender expects 4.7% drop this year before 2.3% bounce-back
The latest RICS survey shows another fall in sales, enquiries and prices
Savills found that, in real terms, prices have fallen back to 2015 levels
A fifth of English households spend more than 40% of their take-home pay on housing costs
But they still account for more than half of all new mortgages
Houses are on average worth £2,000 more than last year, but £2,000 less than in November
Two-thirds report falling prices, while half say prices will be even lower next year
Prices dropped by 4.6% in the year to September, says Halifax