More homes were put up for sale in December but "unrealistic" asking prices are damaging sales volumes, according to the latest survey from the Royal Institution of Chartered Surveyors.
Mortgage providers are demanding impossible figures for house deposits and with private rent soaring, Rebecca Rutt asks why the government is not doing more to help out first-time buyers.
UK house prices rose by 0.4% in November, taking the average to £165,798 and contributing to a 1.6% annual rise, according to the latest figures from the Nationwide House Price Index.
Rents in England and Wales rose for the ninth consecutive in October, according to a report from LSL Property Services. The average monthly rent is now £720.