Property buyer enquiries 'on the up'
News Category: Industry News
Published: 15-Apr-2009
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Property buyer interest is starting to gain "real momentum", according to Royal Institution of Chartered Surveyors (Rics) spokesman Ian Perry.
Letting agents have seen a greater number of landlords join the market in recent months, and now it seems that more people are looking to buy bricks and mortar.
Mr Perry's comments follow the latest Rics figures, which show that 31 per cent more chartered surveyors reported a rise, as opposed to a fall, in new buyer enquiries in last month.
London and Wales are the regions where new buyer enquiries are at their highets, the organisation states.
In the UK overall, interest in the property market is up ten per cent, compared to February.
"Surveyors are optimistic that transaction levels will increase, especially for those with the finance to purchase family homes," explained Mr Perry.
Over the next few months, consumers will see signs of "stabilisation" in the property market, he added.
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