The RICS Housing Market Survey, reporting the net house price balance, was announced today showing a rise from December to +32%. What this represents is that 32% of the net balance of surveyors reported rising rather than falling prices.
In contrast buying and selling fell during January and the RICS survey respondents attributed this to the extreme weather conditions in January.
For more information visit: http://www.rics.org/housingmarketsurvey

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