Tuesday, Oct 13, 2009

RICS - Biggest increase since May 2007

BBC News: Lack of sellers ups house prices

The proportion of estate agents reporting house price rises exceeded those reporting falls by 22%, the highest in RICS survey since May 2007.
"A lack of supply is still underpinning the rise in house prices with new instructions to estate agents only edging up very gradually," said Rics spokesman Ian Perry. This imbalance between demand and supply suggests that house prices will move higher in the near term."

Posted by little professor @ 03:11 AM (844 views)
Add Comment
Report Article

1 Comment

1. paul said...

The Land registry says that prices have dropped, but who cares about the pesky numbers, ask the people selling the houses what they think instead.



(this kind of propaganda would make the People's Daily blush I reckon)

Tuesday, October 13, 2009 08:10AM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies