The UK housing market staged something of a recovery in May, after losing ground in April, according to the latest Agency Express Property Activity Index. The UK’s largest “For Sale” board contractor recorded a 4.7% month-on-month rise in sales, although activity was 2% down compared with May 2010. Homes changed hands more readily in the [...]
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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. [...]
RICS: housing market remains sluggish
The UK housing market remained sluggish during January, the Royal Institution of Chartered Surveyors (RICS) reports.
Lack of buyer demand and low levels of supply meant that 7% more surveyors reported demand for property falling, rather than rising, with potential purchasers remaining cautious about the outlook for the economy, and the possibility of mortgage rate increases [...]
RICS: house prices slip further
Activity in the UK housing market continued to slow during November, with house prices slipping further, according to the latest survey from the Royal Institution of Chartered Surveyors (RICS).
Forty-four per cent more chartered surveyors reported falling (rather than rising) prices, as lack of demand continued to stifle the market; regionally, the West Midlands and Northern [...]
