Demand is outstripping house supply

DEMAND is continuing to outstrip supply in the Scottish housing market, according to a new report.

Loading Comments
Share
Print

A net balance of 32% of chartered surveyors reported a growth in new buyer inquiries last month, the latest Royal Institution of Chartered Surveyors Residential Market Survey found. However only a net balance of 1% reported an increase in new instructions for properties coming on to the market in June.

Continued demand was also reflected in the net balance (those reporting a rise minus those reporting a fall) for newly agreed sales, regarded as a good indicator of market activity.

The study said this has shown a steady pace of growth since February 2013.

Respondents also perceived banks to be lending less.

Education

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

170563

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
Janice Bell

Janice Bell

You Couldn't Make This Up

Glass of wine saves my day but not my diet

Times Out

Entertainment

Lifestyle

TV Advert
Michelle McManus

Michelle McManus

Columnist Michelle McManus is Sussed in the City, and loves to chat about anything and everything.

A weekly round up of social highlights

A weekly round up of social highlights

Cat's Eyes on Glasgow

James needs a sit down and Edward Scissorhands pierces my heart.

Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.