RICs report rising prices and increased demand encourages Scots to put their homes on the market

According to the latest report by the Royal Institution of Chartered Surveyor (Rics), rising house prices and increased demand from homebuyers has encouraged a greater number of Scots to put their homes on the market.

According to the latest report by the Royal Institution of Chartered Surveyor (Rics), rising house prices and increased demand from homebuyers has encouraged a greater number of Scots to put their homes on the market.

While Rics reports an increase in activity from 24% in July to 48% in August, George Solley, director of property sales for Thorntons Property Services, reports a similar positive upturn in Tayside and Perthshire over the past two months when compared to July and August of 2012.

He said: "The number of active buyers and viewing requests across our branches has increased significantly from the same period last year.

"The middle market has proven to be particularly active with a greater level of confidence being shown among buyers leading to better results for sellers.

"Over the past few years, sales in the new build market have been difficult, however, this market has also seen positive improved activity.

"In addition, quality homes in popular areas are also receiving a greater level of attention from buyers and closing dates have also been reintroduced in some areas in order to deal with the heightened interest.

"With regards to house prices, we have seen improvements similar to those suggested by the Rics report. "Although we have not experienced a sharp increase on house prices, sellers are achieving a good price for their home in a much more reasonable time scale.

"Across the board it is great to see that houses are attracting more interest and the increased demand appears to be holding up in 2013."

11 September 2013

Categories: Education

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