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RICS: housing market recovery “some way off”

The Royal Institution of Chartered Surveyors (RICS) has declared that the UK housing market remained flat during March, although with regional divergences widening. Overall, there was a slight downturn in demand for property compared with February but surveyors in areas such as Scotland, Wales and the South East reported a steady increase in new-buyer enquiries. [...]

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RICS: house prices to lose 2% in 2011

In its forecast for 2011, the Royal Institution of Chartered Surveyors (RICS) says it expects UK house prices to finish the year 2% down.
While the value of the average home is likely to continue to slip over the coming months, falling supply should stabilise the market at some stage before July, with prices possibly edging [...]

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