Housing demand stable

Tuesday 9 October 2012

Activity in the housing market was "relatively flat" last month as demand from would-be buyers remained stable in most parts of the country.

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Chartered surveyors said prices in September fell at a pace consistent with previous months, with the number of homes coming on to the market also experiencing a decline.

The latest UK housing market survey from the Royal Institute of Chartered Surveyors (RICS) revealed the market should end the year on a flat note. It found demand was largely unchanged, with 1% more surveyors seeing decreases rather than increases in new buyer inquiries.

Chris Highton, of Allied Surveyors Scotland, said: "The autumn market has now kicked in, with new properties coming on to the market."Sarah Speirs, director of RICS Scotland, said: "Surveyors are optimistic the run-in to Christmas could see an increase in activity in many areas."

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Housing demand stable

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