19
Feb
Estate agents in London see property prices rise, survey shows
The Royal Institution of Chartered Surveyors (RICS) has published
its latest housing market survey, which found that property prices
in London rose in January 2010.
According to the organisation, 65 per cent of its members in the
capital reported house price increases in the first month of this
year, compared with 62 per cent in December 2009.
However, RICS reported a fall in the level of new buyer enquiries,
although it largely attributed this to the bad weather experienced
by much of the UK in the first few weeks of the year.
Respondents to the monthly survey also demonstrated increased
optimism about the state of the housing market, with 46 per cent
anticipating house price rises, compared with 16 per cent a month
earlier.
Across the UK as a whole, 32 per cent of chartered surveyors
claimed that property values were rising rather than falling in
January, compared with the previous month's figure of 30 per
cent.