Buyer interest up for first time since 2006 - RICS

Around 14% more chartered surveyors reported an increase rather than a fall in new buyer enquiries, up from a negative balance of -9 in October, with the biggest increase in interest occurring in the West Midlands. RICS suggests the rise in interest reflected both the drop in asking prices and recent cuts in interest rates. The balance of chartered surveyors expecting an upturn in sales over the next three months remains in positive territory at 9%, a drop from 20% in October. However, the average number of transactions per surveyor fell again, from 10.9 over the past three months to ...