Arab Today, arab today house sales highest since june 2010
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

House sales highest since June 2010

Arab Today, arab today

Arab Today, arab today House sales highest since June 2010

London - KUNA

The UK house sales reached their highest level in more than two and-a-half years last month as confidence continued to return to the market, surveyors said Tuesday. The sales jump helped to send expectations that house prices are set to increase in the next year, soaring to a three-year high, the Royal Institution of Chartered Surveyors (RICS) found in its latest report. Surveyors sold an average of just under 17 homes in the three months to February, marking the highest volume of sales recorded since June 2010. The sales uplift is predicted to continue into spring, with a balance of 8 percent more surveyors expecting transactions to increase rather than fall back over the next three months. Prices remained broadly flat, with 6 percent more surveyors saying that prices had dipped rather than increased, continuing a trend seen since last autumn. However, in the longer term, there is a \"growing suspicion\" that house prices are set to edge upwards, RICS reported. Surveyors\' expectations for house prices in the next 12 months increased to the highest level since they started being monitored in February 2010. The number of mortgages on the market has increased by around a third since the government launched a Funding for Lending scheme last August to unblock the housing market, experts said. A balance of 1 percent more surveyors reported rises in the number of homes coming onto the market, although the number of properties available for sale remains at \"historically low levels\", the study said. Peter Bolton King, RICS global residential director, said, \"It\'s encouraging to see that the housing market now appears to be picking up across most parts of the UK despite ongoing concerns about the health of the economy. \"This may, in part, be down to the growing availability of mortgage finance through schemes such as Funding for Lending.\" The housing market has had little momentum in recent years, although a number of the government schemes have assisted the market for new homes. The property market is an important indicator that partly reflects the health of the UK economy, the experts pointed out.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today house sales highest since june 2010 Arab Today, arab today house sales highest since june 2010

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today house sales highest since june 2010 Arab Today, arab today house sales highest since june 2010

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday