Posts Tagged ‘rics’
UK residential market experiences a slight upturn in August
The latest UK Residential Market Survey from the RICS out today headlines ‘Rebound in UK housing market following post-EU referendum dip’. The UK residential market experiences a slight upturn in August. According to the latest RICS UK Residential Market Survey for August 2016, it shows a pick-up in confidence, following a significant drop in activity…
Read MoreBrexit continues to weigh on Construction
The National Housing Federation (NHF) warned only last month about the impact a vote for Brexit would have on the Construction Industry , they now highlight the new figures released by Reuters, the Royal Institute of Chartered Surveyors and the Office for National Statistics which substantiate those warnings. In a news release from (NHF) late…
Read MoreHouse Price Growth continues to slow in July
Results from the RICS Residential Market Survey released today 11th August for July headlines ‘House price growth runs out of steam for now’. The survey shows that house price growth continued to slow in the UK in July while key indicators covering price expectations, buyer enquiries, agreed sales and new instructions all remained firmly negative.…
Read MoreBrexit effect hits commercial property market
The commercial property market is having to deal with a drop in confidence and investor demand after Brexit , according to Q2 UK Commercial Property Market Survey by the Royal Institute of Chartered Surveyors (RICS). The RICS highlights in their headline: ‘Sentiment significantly dampened by Brexit vote’. Investment demand falls sharply with London seeing the…
Read MoreRICS Residential market Survey June
The RICS UK Residential Market Survey for June 2016 released yesterday headlined Post-referendum uncertainty hits sentiment. It stated: Buyer enquiries fall for third consecutive month ….. Agreed sales fall sharply with activity expected to remain subdued in the coming months …… medium term price expectations slip, but remain positive, with rent expectations still firm. In…
Read MoreOne of the first indicators on house prices after ‘Brexit”
All eyes this week will be on the figures out from The Royal Institution of Chartered Surveyors (RICS), they will be one of the first indicators as to the direction of house prices following Britain’s decision to leave the EU. The Royal Institution of Chartered Surveyors will release details this Thursday as to whether its…
Read MoreFall in house prices predicted.
Members of The Royal Institution of Chartered Surveyors (RICS) are predicting a drop in UK house prices that is expected to be short lived, it citied the EU referendum and the cooling of the market following changes to stamp duty charges in April for this. Beyond that they expect houseprices to rise by slightly more…
Read MoreElections and referendum causing uncertainty
Only just last week we had the Hometrack cities House Price Index for March 2016 telling us that City level house prices at highest quarterly growth for 12 years, in the report this was put down to seasonal upturn being boosted by investors rushing to beat the stamp duty deadline. The outlook from here on…
Read MoreIncreased activity due to stamp duty deadline
UK property prices are expected to slow in the coming months due to concerns about the June 23 European Union referendum and global economic uncertainty, February saw strong growth in property prices across the UK except for London, the rush to buy before the stamp duty hike in April will probably see strong figures continue …
Read MoreNew instructions continue to fall.
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…
Read MoreRICS Residential Property Paper
Last week the RICS released its Residential Property Paper. RICS is calling on Government to expand the nation’s housing supply across all sectors – from owner occupied, social housing and private rented sectors – through their new Residential Policy Paper. Expanding supply is not just limited to new builds but optimising how we use existing…
Read MoreFurther rise in house prices to come
The Royal Institution of Chartered Surveyors said its monthly index — which measures members’ expectations for house prices over the next three months — rose to +34 in May from +32 in April, broadly in line with economists’ forecasts, this takes the index to its highest level since August 2014. RICS said the number of…
Read MoreFall in new instructions says RICS
According to a most recent RICS UK residential market survey, the monthly house prices index has moved up in April to +33 from an upwardly revised +22 in March , data showed that for a third consecutive month there was a decline in supply of property, while 33% more surveyors saw prices rise in April,…
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