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UK residential property prices expected to continue rising in next three months, repo

Discussion in 'UK Property' started by Nicholas Wallwork, Jul 14, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Property surveyors in the UK expect residential real estate prices to rise during the coming quarter for the first time in more than two years.

    The latest report from the Royal Institution of Chartered Surveyors, which is circulated to industry professionals, says that a low number of properties on the market combined with increasing buyer inquiries is providing a platform for ‘modest price increases’.

    But its analysts also warn that there is unlikely to be a sustained recovery in the housing market until mortgage lending increases.



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