The number of properties on surveyor’s books reached a new low in November, says the RICS, as prices continue to rise at a “firm pace” and transaction levels stay flat. This lack of stock is “causing unrealistic housing market in parts of the UK,” argues the Institute’s Chief Economist.
- UK property demand dips for first time in 12 months – RICS May 12, 2016
- ‘Dire shortage’ of available housing as demand rises but London ‘remains something November 10, 2016
- A ‘surge of buy-to-let investors’ is pushing prices up – RICS February 11, 2016