New instructions continue to fall.

December 11, 2015

According to the  latest market survey from the Royal Institute of Chartered Surveyors (RICS) new instructions continue to fall and the lack of stock is causing unrealistic housing market in parts of the UK

Simon Rubinsohn Chief Economist for the  RICS reports house prices continue to rise across the UK driven by an ongoing shortage of new properties coming onto the market.

The report highlighted that price balance remains positive as new instructions continue to fall across the UK, new instructions drop for the 10th consecutive month as stocks on agents books slips to a new record low, prime markets in some areas seeing the impact of last year’s stamp duty change -particularly notable in London.

Buyer demand is outpacing supply across all regions of the UK, this trend has persisted since the beginning of 2014, in November 8% more respondents reported a decrease in new homes coming to the market.

The survey indicated that house prices continue to rise in all parts of the UK. Prices are rising at the fastest pace in East Anglia, the South East and the East Midlands, the rate of house growth in  London however is slowing for the fourth consecutive month.

To view report in full: RICS report.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Home and Living

FIVE food cupboard cleaning products that beat the branded – all under £1.50!

Use white wine vinegar to get rid of yellow pillow stains Many cleaning products Brits already have in their food cupboards Cleaning expert on five cleaning products that can help clean your bedroom From limescale to stubborn stains, many household messes can be tackled with items that are probably at the back of your food…
Read More →
Breaking News

Taxing times for bereaved families as IHT receipts hit a fresh record

Inheritance Tax receipts for April 2025 to March 2026 are £8.5 billion, which is £0.2 billion higher than the same period last year. This surpasses the £8.2 billion recorded the previous year and marks a fifth consecutive annual record. Rising receipts come amid intensified enforcement and public criticism that the inheritance tax system is unfairly…
Read More →
Breaking News

UK property management sector tops £37bn

The latest research from Property Inspect reveals that the UK property and facilities management sector grew by 4.1% in 2025, with annual revenue surpassing £37.7 billion. Forecasts suggest that 2026 will see this figure continue to rise. Property Inspect has analysed data on the estimated market size of the UK’s facilities and property management industry,…
Read More →
Estate Agent Talk

How Estate Agents in Cambridge Support First-Time Buyers

Buying your first home can feel both exciting and overwhelming. If you are doing it in a city like Cambridge, you can probably dial that terror up a few notches. It is a place where historic charm meets a high-octane tech economy, and that combination creates a property market that operates differently from many other…
Read More →
Breaking News

UK House Price Index for February 2026

The latest UK House Price Index for February 2026 shows that:   The average monthly rate of house price growth in February was +0.1%. Average UK house price annual inflation was 1.2% in the 12 months to February 2026. As a result, the average UK house price currently sits at £268,000.   Damien Jefferies, Founder…
Read More →
Breaking News

Ready or Not: How Prepared Are Landlords and Tenants for the Renters’ Rights Act?

44% of landlords and 64% of tenants say they are not confident about what will actually change when the Renters’ Rights Act comes into force. New research from LRG shows that while the Act is widely known about, what it means in practice is still unclear for many people on both sides of the tenancy.…
Read More →