House prices were driven up again in the South West in April as new instructions declined for the third month, according to the latest RICS UK Residential Market Survey.
While 37% more surveyors saw prices rise in the South West in April, the highest reading since September 2014, new instructions continued to decline as 18% more respondents saw a fall in new instructions over the last...
House prices in the UK will see an average increase of three percent over the course of next year, bolstered by recent changes to Stamp Duty, continuing demand and lack of supply of property, according to the RICS housing forecast for 2015. The forecast looks ahead to the next 12 months, across all parts of the housing market, from house prices, sales, rents and housing starts and repossession...
House prices continued to rise in the South West, but at a slower pace, according to the latest RICS Residential Market Survey.
In line with slowing momentum, surveyors are now anticipating a much flatter price outlook in the run up to Christmas, but over the course of the next 12 months they remain quite positive.
The level of sales activity was more or less unchanged on the...
Most people earning average wages in the South West would need to more than double their annual salary just to keep up with out of control house prices, new research by homelessness charity Shelter shows.
In the study, released today, the charity looked at wage and house price inflation since 1997 in every area of the region. This was then used to calculate what average annual earnings...
House prices in the South West are set to rise again as demand continues to exceed supply, surveyors have forecasted.
According to new figures released today by the Royal Institute of Chartered Surveyors (RICS) house prices in the South West will increase by a further 7% over the next year.
Rental costs are also set to rise by a further 2% which will carry over into the cost of...
House prices in the South West rose by an average of 2.6% in the year to August 2013 according to figures released by the Office for National Statistics (ONS).
The average price of a house or flat in the region now stands at £230,000.
The 2.6% rise is lower than the overall UK figure of 3.8% and the 4.1% for England which are both skewed by a considerable rise in London of 8.7...
UK house prices have seen their highest annual rise since June 2010. In the three months to August 2013, prices have risen an average of 5.4% from the same period last year, according to the Halfax's latest house price survey.
Prices were also up in the three months to August from the previous three months (March/April/May), rising by 2.1%. The August figure remains unchanged from both...
House prices in the South West fell slightly in the month to September 2013; a surprise drop that mirrors the UK trend.
The house price index level dropped very slightly from 171.7 in August to 171.3 last month, according to figures released by the Office for National Statistics (ONS) which also show a slower rate of price increase for the South West in the 12 months to September 2013...
The Royal Institute of Chartered Surveyors (RICS) has warned of a serious shortage of properties to meet rising demand from potential buyers; resulting in increasing house prices.
In its October Residential Market Survey, RICS reports that house prices jumped once again last month as rocketing interest from would-be buyers dwarfed the amount of properties coming onto the market....
