Company Tag: RICS

Demand, supply, prices & deal numbers all increased in August, says the Royal Institute of Chartered Surveyors.

Surveyors are feeling more positive about the sales market than at any time since January 2020.

Surveyors 'have confidence in the newly elected Labour government,' concludes the Royal Institute as housing market optimism builds.

Sales market activity fell slightly in May, but the consensus amongst property surveyors is that things will pick up again after the election.

'There is still a strong perception that activity in the market will pick up in the latter part of the year and into 2025, irrespective of any political uncertainty around the general election,' says theā€¦

Surveyors report an 'improving outlook' for the housing market.

The latest survey of surveyors 'provides some grounds for encouragement around the sales market', says RICS Chief Economist Simon Rubinsohn, although house prices continued to fall in February.

The organisation is aiming to 'propel diversity and inclusion in the surveying profession'

London property prices are holding 'largely stable,' says the Royal Institute of Chartered Surveyors.

'Downward pressure on prices is diminishing,' says the RICS, as surveyors suggest property values will 'remain largely flat' through 2024.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Strutt & Parker, Beauchamp Estates, Foxtons, Rightmove, Knight Frank & more...

Sentiment in the property market is becoming 'a little less negative', says the RICS.