The reason why so many are choosing not to move is probably down to many potential buyers not able to get a mortgage, according to the Royal Institute of Chartered Surveyors (RICS).
However, on the positive side, fewer surveyors reported house price falls in June than May. Nevertheless the number reporting a drop in prices was still high, with 88% of surveyors saying prices had come down in June, down from 92% in May.
Another positive coming out of the report was that there was little sign of repossessed homes being sold in large numbers because employment levels remain high.
