House prices rose for the second consecutive month after fifteen months of falls, says the latest housing market survey from RICS (Royal Institution of Chartered Surveyors) today, 18 January.
Increasing buyer activity and property sales boosted surveyor confidence in December, according to the latest figures from the Royal institution of Chartered Surveyors (Rics) published today. Around 8% more surveyors reported a rise in prices than did a fall over the last three months of 2005 compared to 4% in November. Rics says it expects modest price rises to continue into the year with surveyors reporting the return of first time buyers, who now believe the market will fall no further. Price rises, led by London and Scotland, have been evident across the country, it adds, with the ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes