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Surveyors at Rics expect positive 2017 for Northern Ireland housing market
January 19, 2017Article by Chelsea Battle
House sales in Northern Ireland are expected to increase over the next three months, according to surveyors.
The latest Royal Institution of Chartered Surveyors (Rics) and Ulster Bank residential recently carried out a market survey reported that 25 per cent more surveyors expected sales to continue to rise than those who didn’t.
The same amount expected prices to continue to rise, marking the sixth consecutive month of positive reports.
But housing supply remains a concern as instructions to sell were generally flat in December – despite the amount of new buyers coming on to the market increasing from the fourth month in a row, pointing to a gap in supply and demand.