Assn-RICS RSS feed for the Assn-RICS tag
found 4 stories.
Business
BusinessDesk 14 Sep 10
House prices in the West Midlands have dropped for the second consecutive month, but lower prices are leading to a rise in sales expectations, according to latest figures from the Royal Institution of Chartered Surveyors.
The RICS UK Housing Market survey showed that 46% more chartered surveyors in the region reported prices falling rather than rising during August. This contrasts with the national figure of 32% and is the biggest negative reading since May 2009…
Business
Duncan Tift BusinessDesk 10 Aug 10
House prices in the West Midlands fell sharply last month, according to the latest data from the Royal Institution of Chartered Surveyors.
The region was way above the national average with 34% of surveyors reporting price falls last month rather than rises – nationally, 8% of surveyors reported prices falling. The situation has sparked fears of a double-dip recession in the crucial housing market.
The figures are the lowest for more than a year and the principal reason is thought to be an over-supply of properties created as people decide to take advantage of the upturn in the economy and the abolition of Housing Improvement Packs (HIPs)…
Business
BusinessDesk 26 Apr 10
The West Midlands’ commercial property sector continues to recover at a slower pace than other areas of the UK such as London, the Royal Institution of Chartered Surveyors has said. According to the latest RICS’ UK Commercial Property Survey, rental expectations for London offices rose dramatically in the first quarter – moving above zero for the first time since Q4 2007 as available space declined for the second consecutive quarter.
This is the first time more RICS surveyors have reported an anticipated rise in rents for two years. The positive net balance of 57% – compared with the previous reading of zero – for central London office property was the biggest rate of increase on record…
Business news
Birmingham Post 17 August 09
Construction workloads remained in negative territory for the fifth consecutive quarter with 26 per cent more surveyors reporting a fall rather than a rise in overall workloads, down 19 percent from the first quarter, according to the latest RICS construction market survey…