RICS -Tentative signs of recovery!
Surveyors have reported "tentative signs" of a recovery in the property market, despite small numbers of homes being sold. Only 10.6 homes were sold on average per UK surveyor in the three months to the end of April, down 41% on the same period a year earlier. But the Royal Institution of Chartered Surveyors (Rics) said members were "universally optimistic" about sales. The survey showed that enquiries by potential new buyers had increased for the sixth consecutive month. Some 41% more surveyors reported a rise, rather than a fall, in new buyer enquiries in April, up from 32%. This was the highest figure for almost a decade.
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