Enquiries from new buyers, new instructions from those wanting to sell, and agreed sales in the South West’s housing market declined once again last month, according to the latest RICS UK Residential Market Survey. In addition, price growth also lost momentum and is predicted to slow further over the next three months.
Although a fall in property coming on to the market is a recurring...
Momentum is continuing to ebb in the South West housing market as both newly agreed sales and buyer interest remains flat in April. The results of the RICS UK Residential Market Survey, April 2017, general consensus point to new instructions continue to drop in the region. Anecdotal evidence cites a lack of choice; uncertainty due to the calling of an early election; and the ramifications of...
House price growth remained resilient in July although key indicators covering, agreed sales and new instructions all remained negative in the South West, according to the latest RICS UK Residential Market Survey.
The UK house price growth indicator posted the softest survey reading in three years in July. Just 5% more respondents nationally saw a rise rather than fall in prices, a...
New buyer enquiries across the South West rose for the eleventh month in succession in January according to the RICS UK Residential Market Survey, January 2016, with 40% more respondents seeing an increase in new buyer demand rather than a fall.
Feedback to the survey continues to suggest that demand is being boosted by a rush of buy-to-let investors looking to buy before the 3% stamp...
House prices in the South West will see an increase of 5% over the course of next year according to the RICS housing forecast for 2016. This is lower than the national average increase of 6% but the same as London and Northern Island. The North East is likely to see the most modest price rise with a predicted increase for 2016 at 3%.
Transactions nationally will edge up to between 1.25...
In November, 40% more chartered surveyors saw house prices rise rather than fall in the South West according to the latest RICS UK Residential Market Survey.
The general mismatch between supply and demand continues to drive growth in prices and 45% more respondents expect prices to rise further over the next three months (as opposed to a fall) – this is higher than the national balance...
House prices are expected to rise in the South West by 4 per cent per annum, over the next five years (a cumulative increase of around 22%)
Rising property prices in the Home Counties could be having a knock-on effect in the South West, encouraging urbanites to downsize into the region’s small holdings, says a local RICS spokesperson. Anecdotally, chartered surveyors in the South West...
House sales continue to pick up across the South West in September supported by a modest improvement in the availability of mortgage finance, according to the latest RICS UK Residential Market Survey.
Across the region, 19% more chartered surveyors saw a rise in agreed sales, with 23% more respondents expecting a rise in sales expectations over the next three months. This trend in...
Acceleration in house price growth in the South West continues with 63% more respondents seeing a rise in prices over the last three months, according to the latest RICS UK Residential Market Survey. This is the highest level since April 2002.
The South West region, along with Yorkshire, is also the most confident of price rises in the near term, with 52% more respondents expecting to...
House prices in the South West jumped sharply in May, despite the number of homes per UK surveyor falling to a record low since the data series began in January 1978, according to the latest RICS UK Residential Market Survey.
While 46% more surveyors saw prices rise in May (the same month in which the Nationwide Building Society estimated that the average price of a home in the UK has...
