DEMAND is continuing to outstrip supply in the Scottish housing market, according to a new report.
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.
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article