RICS Residential Market Survey

ricsRMA Surveyors Ltd, Newbury have been reading the latest update from RICS, regarding its UK Residential Market Survey.

It states that supply and demand varied across UK in January and 49% more London surveyors saw prices fall in January 2015.  It continues, stating that Scotland and Northern Ireland’s housing market outperformed the rest of the UK in January, with more buyer enquiries, stronger price growth and higher confidence in the outlook.  However, the national results, which are based on England and Wales only, continue to signal a cooling market and price growth has all but levelled off with just 2% more surveyors expecting prices to increase over the next three months (its slowest pace since May 2013).

You can download the January 2015 RICS UK Residential Market Survey here.

If you’re looking for some professional advice regarding a property purchase in Berkshire, please contact RMA Surveyors Ltd on 01635 579 208 or complete the Contact Us form and we’ll be in touch.