Buyers returning to the housing market says Rics

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 t...