16/03/2006
Housing market recovery 'gathers pace'
The recovery of the housing market gathered pace in February, the Royal Institution of Chartered Surveyors has said.
According to the latest Rics survey, 17% of its members in England and Wales saw increases in house prices last month, the biggest rise since June 2004.
London saw the largest improvement, with 49% of surveyors in the capital reporting a rise in prices last month. This was the largest rise in London for three and a half years, the Rics said.
Commenting on the figures, Rics spokesman James Scott-Lee, said: "Traditionally, where London goes the rest of the market follows. Agents will be hoping this is the starting gun on wider, firmer housing market growth as buyers begin to compete more aggressively for the homes they want."
(KMcA/GB)
According to the latest Rics survey, 17% of its members in England and Wales saw increases in house prices last month, the biggest rise since June 2004.
London saw the largest improvement, with 49% of surveyors in the capital reporting a rise in prices last month. This was the largest rise in London for three and a half years, the Rics said.
Commenting on the figures, Rics spokesman James Scott-Lee, said: "Traditionally, where London goes the rest of the market follows. Agents will be hoping this is the starting gun on wider, firmer housing market growth as buyers begin to compete more aggressively for the homes they want."
(KMcA/GB)
Related UK National News Stories
Click here for the latest headlines.
11 May 2010
'Spring Bounce' For Property Market
Britain's housing market enjoyed a 'spring bounce' in April, according to research by the Royal Institute of Chartered Surveyors (RICS). The research showed both property prices and sales levels were rising last month. Approximately 17% of surveyors reported a rise in April, up from 9% in March.
'Spring Bounce' For Property Market
Britain's housing market enjoyed a 'spring bounce' in April, according to research by the Royal Institute of Chartered Surveyors (RICS). The research showed both property prices and sales levels were rising last month. Approximately 17% of surveyors reported a rise in April, up from 9% in March.
08 March 2011
London Property Market On The Up
There has been more evidence of further widening between regions in the UK's housing market. The Royal Institution of Chartered Surveyors (RICS) said this became increasingly noticeable during February, led by an improvement in London, while large parts of the North, East and Midlands continued to experience a more downbeat picture.
London Property Market On The Up
There has been more evidence of further widening between regions in the UK's housing market. The Royal Institution of Chartered Surveyors (RICS) said this became increasingly noticeable during February, led by an improvement in London, while large parts of the North, East and Midlands continued to experience a more downbeat picture.
06 August 2009
Housing Market Will Still Face Challenges, Says RICS
Surveyors have predicted that house prices will end "slightly higher" than last year, however the market will still face challenges in 2010. The Royal Institute of Chartered Surveyors (RICS) report said rising unemployment and increases in mortgage rates will limit the recovery in house prices.
Housing Market Will Still Face Challenges, Says RICS
Surveyors have predicted that house prices will end "slightly higher" than last year, however the market will still face challenges in 2010. The Royal Institute of Chartered Surveyors (RICS) report said rising unemployment and increases in mortgage rates will limit the recovery in house prices.
14 October 2008
House Sales At 30 Year Low
Estate agents are selling one property a week as the housing market continues to slump. A survey from the Royal Institution of Chartered Surveyors (Rics) showed the number of houses being sold across the UK during the three months to the end of September was the lowest since the survey began in 1978 and 52% lower than the same period last year.
House Sales At 30 Year Low
Estate agents are selling one property a week as the housing market continues to slump. A survey from the Royal Institution of Chartered Surveyors (Rics) showed the number of houses being sold across the UK during the three months to the end of September was the lowest since the survey began in 1978 and 52% lower than the same period last year.
13 August 2013
Housing Market Showing Signs Of Recovery
The latest RICS Residential Market Survey has suggested that the UK housing market has turned a corner. It was also revealed that buyers returned to the market in their largest numbers for four years.
Housing Market Showing Signs Of Recovery
The latest RICS Residential Market Survey has suggested that the UK housing market has turned a corner. It was also revealed that buyers returned to the market in their largest numbers for four years.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.