House prices across the United Kingdom will rise 6% in
2015 due to rising demand fuelled by a shortage of available housing stock, the
Royal Institution of Chartered Surveyors has predicted. RICS has today doubled
its estimate for house price growth and now predicts prices to have risen by 6%
by the end of 2015 as opposed to the 3% it forecast at the beginning of the
year. The RICS Residential Market Survey price indicator reached a 15-month
high in August, with 53% more of its respondents reporting price rises rather
than falls. This trend looks like it will continue into next year. Read more on
the RICS website.
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