Lack of new listings fuels house price inflation, says RICS

For sale sign

Homes are not coming to the market quickly enough to satisfy demand, according to surveyors

A shortage of properties being listed for sale continues to hold back house sales as enquiries rise, according to the Royal Institution of Chartered Surveyors.

RICS’ latest UK Residential Market Survey of surveyors shows a net balance of +9% of respondents in reported a rise in the number of new buyers looking for a property in December. This is the fourth consecutive month where RICS has seen an increase.

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