RICS REPORT FROM ENGLAND AND WALES

Again, further mixed messages from the housing market, with the latest RICS survey showing that July was the strongest month for home sales since 2007 and the first time this year that the sales in any month have surpassed their 2014 total.  The RICS has highlighted that the shortage of property supply is driving prices higher and holding back both transactions and instructions.  This certainly ties in with my feeling about the Scottish market.

Lindsay Darroch
Partner – Head of Property
www.blackadders.co.uk

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