Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to the newest version of your browser.

Your browser appears to have cookies disabled. For the best experience of Construction News, please enable cookies in your browser.

Welcome to the Construction News site. As we have relaunched, you will have to sign in once now and agree for us to use cookies, so you won't need to log in each time you visit our site.
Learn more

House prices and enquiries rise

Chartered surveyors have seen an increase in new work for the sixth month running, according to a report out today.

The Royal Institute of Chartered Surveyors found that a balance of 28 per cent of surveyors stated that enquiries were rising rather than falling.

This figure is slightly down on previous months, but still indicates strong interest from buyers.

And the increase in demand is pushing up prices, with a balance of 35 per cent of chartered surveyors agreeing that they were rising.

A RICS spokesman said: “For the fourth month in a row, the survey points towards prices rising, even though the general state of the economy would suggest that the housing market should not be faring as well as it is.

“Despite modest increases in the number of properties coming on to the market, it is clear that this is not significant enough to keep pace with the levels of demand.

“Buyer enquiries are continuing to grow and with the pace of job losses now easing, the new year could see a further wave of interest in the market.”