A substantial proportion of RICS members are predicting more sales and house price rises for 2014 The Royal Institution of Chartered Surveyors (RICS) has said that 59% surveyors are predicting house price rises for 2014. In addition, the proportion of surveyors predicting sales to increase next year has risen to 76%.
RICS also warned that without a 'meaningful increase' in the supply of homes, both house prices and rents will become more unaffordable. The body also described a ‘sharp' pick-up, of 58% more surveyors seeing house price growth for November.
* Get Country Life half price this week only
House sales have also lifted strongly compared with a year ago. An average of just over 20 homes per surveyor were sold in the three months to November, compared with around 15 during the same period last year.
* For more property news follow Country Life property on Twitter
-
What everyone is talking about this week: The problem(s) with cyclistsWeek in, week out, Will Hosie rounds up the hottest topics on everyone's lips, in London and beyond.
-
The Glovebox: Phantom in a pool, Porsches in the snow and a new world record for PolestarRolls Royce celebrates one of Rock and Roll's greatest myths, and Polestar drives for almost 23 hours on a single charge.
