Tuesday, March 8, 2011
RICs Survey download
"Demand stabilises and new instructions edge up â€¢ Headline price balance improves but remains negative â€¢ New enquiries stabilise while new instructions rise â€¢ London bucks the trend; shows rising prices The February 2011 RICS Housing Market Survey highlights four key points. First, the headline net price balance improves but remains negative. Second, new enquiries have stabilised after falling during the second half of 2010. Third, activity levels have also stabilised, with newly agreed sales broadly unchanged during the month while sales per surveyor edged up. Lastly, there is a marked divergence in the regional picture, with London being the only region to record rising prices."