Tuesday, May 16, 2006

RICS: Inquiries From New Buyers Rise

Guardian: House prices continue to rise

House prices rose for the sixth month in a row in April and are expected to carry on climbing over the coming months, according to a study by the Royal Institution of Chartered Surveyors.

The Rics findings coincided with government figures showing the value of the average home rose almost 3,600 during March. Rics said the number of inquiries from new buyers rose in April for the 11th consecutive month. Its assessment also agreed with other recent surveys from organisations such as website Rightmove.

Posted by jason @ 07:57 AM (618 views)
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1. Ohhyesitwill said...

Fantastic news, sounds the the Bank of England's efforts to control house price inflation are really paying off now. They've really nipped it in the bud.

A half percent rise is more than overdue and would blow the BTL's and debt junkies out of the water...

Tuesday, May 16, 2006 10:31AM Report Comment

2. Rimmer said...

Well i find it very strange that like all things "Houses " related i find interest rates talked about linked to the price of houses and mortgages, the bank of england will do what it has to protecting the pound and the UK economy, it cant and wont give a hoot about house prices

Tuesday, May 16, 2006 11:11AM Report Comment

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