The Royal Institution of Chartered Surveyors has published its 2011 UK Housing Survey. The main findings are that activity remained relatively firm during December and an increasing amount of new stock came on to the market.
The average number of completed sales per surveyor in the three months to December was 15.2. This is slightly down on the figure for November but is still close to its highest level since the autumn of 2010. Surveyors say that some sellers are asking unrealistic prices, which may be hindering sales.
New instructions edged up for the third consecutive month. However, the RICS survey supports other commentators who say that prices continued to fall across much of the UK. This may not be very be good news for those unoccupied property insurance clients who are thinking about out putting their property on the market this year- unless of course they own a house in London where the surveyors believe prices rose in December.
Most people seem to think that the market will be pretty flat in 2012 because of worries about the Eurozone and the UK economy. If you are thinking about selling an empty house this year you might like to take a look at the RICS survey - go to www.rics.org