Scottish housing market shows ‘encouraging’ growth

The Royal Institution of Chartered Surveyors (RICS) has just announced their monthly UK Residential Market Survey figures indicating a positive outlook for the property market in Scotland.

For the third consecutive month RICS’s have recorded a growth in new buyer enquires and newly agreed sales for the first time since mid-2011.

Sarah Speirs, Director RICS Scotland said ‘It is encouraging that the Scottish housing market continues to indicate that we are moving away from the highly negative figures witnessed in previous years. However, despite this, activity is still much lower that pre-crisis norm, and action is required to increase finance and give the market the real thrust that is required’.

Surveyor predictions vary on the impact this will have on house prices however the results are a positive step towars growth in the property market.

 

 




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