House prices rise for sixth month in a row - Rics

Rics says house prices rose as demand has further stabilised on the back of the strengthening economy. While buyer enquiries have continued to rise in April for a record breaking eleventh month in a row. For the three months to April, 15% more chartered surveyors reported a rise in house prices than did a fall, up from 12% in March. Rics says confidence in the industry remains high and is still above the historical average for the survey. It also says larger and mid range property types are showing disproportionate price gains compared to under performing flats, the largest variation of...