Wednesday, 22 July 2015

Shortage of Instructions in Buyer and Rental Markets Fuel Higher Prices

House price inflation reached an eleven-month high and supply reaches data series low, according to the June 2015 Residential Market Survey. House price growth increased again in June, pointing to renewed acceleration in house price inflation during the second half of the year, according to the latest RICS UK Residential Market Survey. While the average stock of homes per surveyor fell to a record low (data series began in 1978), demand edged upwards for the second successive month, despite the more cautious attitude of lenders. Read more on the RICS website.

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