Company Tag: RICS
Buyer demand drops at fastest rate since 2008 – RICS
Demand from buyers is falling at the fastest pace in eight years and prices are headed for a dip, according to the latest RICS Market Survey.
UK property demand dips for first time in 12 months – RICS
Buyer demand dropped last month for the first time since March 2015, according to the latest RICS UK Residential Market Survey, although prices have continued to rise as supply is still coming up short.
The Quiet After the Storm: A ‘noticeable softening in near term sales expectations’ – RICS
There's been a "noticeable softening in near term sales expectations", says the RICS, as the new second homes SDLT surcharge puts paid to the Winter's buy-to-let rush, and uncertainty driven by the EU…
Clarity, Certainty & Predictability: A call for forward guidance on property taxes
The Treasury should take a leaf out of the Bank of England's playbook, says RICS' Jeremy Blackburn, and issue forward guidance on property tax policies.
PCL price expectations turn down as valuations stretch the fundamentals – RICS
"The challenges facing the top end of the capital’s property market are clearly visible" says the RICS, as its latest survey of chartered surveyors shows expectations of price growth in prime central…
A ‘surge of buy-to-let investors’ is pushing prices up – RICS
There was an increase in the number of new properties coming to market in January, particularly in London, says the RICS, but a "surge of buy-to-let" activity ahead of a new 3% SDLT surcharge coming into…
Buy-to-let rush drives an ‘unusually buoyant’ market – RICS
Demand for residential properties rose in December to a three-month high, with anecdotal evidence suggesting that a buy-to-let rush ahead of April's 3% SDLT levy is at least partly to blame, says the Royal…
Short supply drives RICS’ 2016 house price forecast up to +6%
The Royal Institute of Chartered Surveyors has bumped its property price forecast for 2016 up from +4.5% in November to +6% in its latest housing update.
Property stock levels slip to record low as new instructions fall again
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.
Prices to rise by 25% in five years as ‘no easing in supply constraint’ – RICS
UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS.
RICS Forecasts
Agreed sales pick up as demand escalates – RICS
"It is hard not to see prices continuing to move higher over the coming months and into the early part of 2016," says the RICS' chief economist, as the Institute's latest data shows an uptick in agreed…
RICS doubles house price growth forecast for this year
The Royal Institute of Chartered Surveyors has amended its forecasts for this year to reflect higher price growth and lower transaction levels.