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Estate agents say property prices looking up - RJA Properties: Lettings Agent Manchester
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20 May 2010

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Home information packs (Hips) will be consigned to history, the Government has announced.
17 Mar 2010

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Estate agents should be subject to the same levels of regulation as letting agents, it has been been stated.
22 Jan 2010

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Thousands of Britons with holiday and retirement homes in northern Cyprus face eviction after the Court of Appeal upheld a decision that a British couple must surrender disputed land.

Estate agents say property prices looking up


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Estate agents say prices are looking up for the first time since the end of the last boom. A Royal Institution of Chartered Surveyors found 8% more agents reckon prices will rise than fall over the next three months – the best outlook since April 2007.


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A big reason is a shortage of homes for sale, making it a sellers’ market, for now at least.

Agents are selling more, although at 15 per branch during the last three months it’s still slow.

And RICS warn that, with an ongoing mortgage famine and risk of homes flooding the market with soaring unemployment, things could all change.

The body’s Jeremy Leaf said: “It is quite possible that prices could begin to slip back again, especially if unemployment levels continue to rise and there is an increase in mortgage rates.”

The Mirror

 
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