House Prices to rise 30% by 2019

According to RightMove and Oxford Economics average house prices in England and Wales are set to rise by 30% in the next 5 years. It states that London prices are set to rise by 33%, but the South East is set to rise by 39% by 2019! Despite being the slowest riser, the North West will still increase by 24%.
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London market comes off the boil

  The RICS Residential Market Survey for September 2014 reports a more balanced picture nationally, as the London market comes off the boil. The rental market remains firm due to strong demand and tight supply. The September RICS Residential Market Survey indicates fading, albeit still robust, price momentum at the headline level. This comes on the back of a more balanced demand picture, in part related to less buoyant expectations of future price rises. Crucially however, the supply trend remains more or less flat with no indication of a pick up in new vendor instructions. London Price Balance The London price balance turned slightly negative in September for the first time since the beginning of January 2011, ending the longest continuous period of price growth that the RICS survey has recorded for the capital. Expectations for price growth over the coming three months remain positive with only surveyors in the London market expecting to see...
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RICS reports strong price momentum

The RICS Residential Market Survey for August 2014 reports firm price momentum but a moderation in demand with the second month of reduced buyer enquiries.
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House prices remain in an upward trend

“A recent report by the Royal Institute of Chartered Surveyors (RICS), has shown that house prices remain firmly in an upward trend. Whilst this might not be such good news for movers and especially first-time-buyers, it could be good news for homeowners looking to remortgage. The reason for this is
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Demand supply imbalance pushing house prices higher

The April 2014 RICS Residential Market Survey released today shows that supply contracted in April yet demand continued to grow, hence pushing prices higher. Net price balance for England and Wales down slightly, but still strong at approximately 55%.
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6 year high as activity spreading across the country

The Residential Market Survey for RICS for March 2014 reports sales hitting a six-year high, following increased activity in the housing market spreading across the country. Key facts: Sales per surveyor increased to its highest level since February 2008 LTV ratios for first time buyers creep upwards Decline in new instructions for the 3rd month running - strengthening the upward shift in prices The March 2014 survey continues to show that the imbalance between the supply and demand in the housing market is the driving force behind the house price appreciation. This is helping to continue the trend that was seen to start in min-2013 of the upward trend of prices. The headline price balance has nearly reached +60 and marks the 11th consecutive month where house price increases have been registered at this level and is the longest period since the start of the financial crisis. Regional The strongest gains...
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RICS see Demand Continuing to Strengthen

The RICS Market Survey for February 2014  shows a continued tightening of the market as demand strengthens even further. Key Facts Sales to stock ratio has hit a high post the financial crisis Strong price momentum still in all UK regions Price and Sales expectations at 12 months are at the peak for the series The headline price balance for England and Wales is about +45, meaning 45% more surveyors saw prices increases as opposed price falls. Leading this is the South East with about +75 price balance with Yorkshire & Humberside strong at just below +55. London interestingly has fallen back from the 3 month average of approx +75 down to just over +45. At the bottom of the regions is Wales with a price balance just below +10, down from the 3 month average of +15. The continuing demand along with a continued lack of new instructions is driving...
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RICS sees price driven further by low stock levels

The RICS January 2014 residential market survey shows that uk house prices are continuing to be driven by the falling stock levels that agents have. Agents inventory of property is continuing to edge lower based on the lack of new instructions
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Property Market set for strong price trend as instructions stagnate

The Royal Institute of Chartered Professionals November 2013 Residential Market Survey further confirms the recent upward trend in house prices and house sales Key facts: Stock levels have been falling at the same time as sales levels have risen, leading to a strengthening of the property market House price expectations from the surveyors is firm Strength in the housing market seen outside of the London market The RICS house price balance is a figure that represents the average view of rising or falling prices. If it is positive it means that more respondents have seen prices rises than falls. The headline price balance for England and Wales is +58, which means that 58% more respondents have seen price increases as opposed to price falls. Price increases are rising due to the strengthening of the property market, with stock levels falling and sales rising. This can be seen with a rise...
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RICS Survey see highest price balance since mid-2002

The RICS Residential Market Survey for October 2013 highlights that the improvement in the housing market is becoming more widespread, with demand outstripping supply in all areas of the country.
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RICS sees headline price & expectations reach 10 year highs

The Royal Insitute of Chartered Surveyorss September 2013 UK Residential Market Surevy release this week, shows some strong price increases and expectation among surveyors. The Headline Price net balance is 54 and now at the highest levels since mid-2002.
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RICS see strong continued Price Balance Increase

The RICS Residential Market Survey for August 2013 reports a buoyant view to future prices expectations with strengthening in sales market indicators.
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RICS sees confidence building in the Residential Market Survey

The RICS Residential Market Survey for June 2013 shows there is a growing imbalance between demand and availability in the markety.
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RICS sees housing market gaining traction

The Royal Institute of Chartered Surveyors recently released its new "Residental Market Survey" for May 2013, and it believes its respondents and seen a "gathering momentum" in the housing market"
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RICS sees Price Balance positive for first time since mid 2010

RICS have reported in their April Residental Market Survey that the headline price balance is positive for the first time since mid 2010.
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Free tickets to The Southern Homebuilding & Renovating Show

We are very pleased that we have been given 10 pairs of free tickets to this show for our Just Do Property subscribers. The first 10 people to reply will get a pair of free tickets to The Southern Homebuilding and Renovating Show. Email me This email address is being protected from spambots. You need JavaScript enabled to view it. to request your tickets.
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Greater Optimisim in Property Market hidden by Flat Month

The RICS February 2013 Housing Market Survey reports a flat market over the period. The headline national price balance actually fell slightly from -4 to -6 - meaning that 6% more surveyors saw price falls rather than rises over the past three months.
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RICS sees stable price picture & increased Activity

The January 2013 Housing Market Survey from RICS reports some positive signs in the UK market.
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RICS Price Balance indicates stable market

The RICS December 2012 Housing Market Survey was released this week and indicates towards a stable picture across England and Wales. Key points to note: The headline price balance improved from -9 to 0 - this means the same number of surveyors saw price rises that saw price falls in the last three months. Represents the first time since 2010 that we do not have a negative price balance - which indicates more price falls that rises. Buyer interest has further increased which have actually been turned into higher transaction Little change in new vendor instructions and agreed sales volume balances Regionally London continues to outperform the other regions and actually in recent months has seen a pick up in price momentum, activity and expectations. The only other region where surveyors are reporting price rises more than falls is in t he South East. All other regions, including Scotland and Norther...
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RICS see a broad imrpovement in key surevy indicators

The Royal Insitute of Chartered Surveyors (RICS) have recently announced their UK Housing Market Survey outcome for October. Three and twelve month horizon indicators are turning less negatives for prices and generally more postive for sales. Headline national price balance was up slightly from -14 to -7. This means 7% more surveyors reported a fall rather than a rise in prcies
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