Latest news for RICS 
RICS Global Commercial Property Survey Q4 2011(08/02/2012)
Commercial property markets in Europe struggled to keep pace with other parts of the world, as the effects of the global financial crisis continued to impact on investment and occupier markets, says the RICS Global Commercial Property Survey Q4 2011. Rental predictions were in negative territory across much of Europe with the noticeable exception of Germany. The prospect of an extended period of minimal growth, if not a retreat back into outr... [more]
RICS Opens Consultation On Japanese Knotweed(21/11/2011)
Japenese Knotweed is known as an invasive plant that can cause damaging effects when found on or near a property but these fears are often based on misunderstanding. RICS is consulting until the 9 december, on a new Information Paper which aims to help valuers and mortgage lenders consider the implications of a Japanese Knotweed intrusion when undertaking valuations of residential property in the UK. The plant became more of a problem when... [more]
Specialist investors are showing increasing interest in distressed property listings(29/11/2010)
A distressed property is defined as a property that is under a foreclosure order or is advertised for sale by its mortgagee. Distressed property usually fetches a price that is below its market value. An increased rate of distressed properties entering a country's market can be seen as a negative economic indicator while a decrease may signal recovery. The RICS Global Distressed Property Monitor is a quarterly report that reveals trends in 25 ... [more]
The UK housing market slows further(16/11/2010)
According to the latest RICS UK Housing Market survey, continued lack of mortgage finance and a generally cautious attitude from purchasers resulted in new buyer enquiries continuing to slip, with the net balance weakening to -12 from -2. Meanwhile, instructions to the market, which have been rising more or less consistently since July last year, saw a sharp turnaround in the series, with a net balance of -4 per cent recorded in October compa... [more]
Worries over the impact of spending cuts are impacting on the commercial property sector(09/11/2010)
Concerns over the economy have prompted a more cautious attitude from firms when making investment decisions, which is impacting heavily on the market. According to the latest RICS Commercial Market Survey, demand for commercial property continues to decline, with the office sector seeing the largest falls. After a positive start to the year, occupier demand fell for the second consecutive quarter in Q3 2010, although the net balance was sligh... [more]
Surveyors expect rents to rise(08/12/2009)
According to the latest RICS Lettings Survey, the number of rental properties coming onto the market fell for the first time since January 2008. The recent pick up in the housing market seems to have led to drop off in the number of rental properties, particularly houses, being made available and as a result surveyor optimism has increased for the first time since July 2008. 22 percent more surveyors expect rents to rise rather than fall in the n... [more]
House vendors are beginning to return to the market(17/11/2009)
House prices continue to rise despite an increase in the number of new instructions received by agents, according to the latest RICS UK housing market survey. The net balance of Chartered Surveyors reporting rises rather than falls in house prices reached a positive reading of 34 in October, up from 20 percent in September - this is the highest result since December 2006. London is leading the upturn in prices with the net balance of surveyors re... [more]
Mood amongst real estate investors appears to have perked up(13/11/2009)
According to the latest RICS Global Property Survey, confidence in the outlook for tenant demand over the next three months is either less negative or more positive than was previously the case in every region of the world. This better tone has, significantly, also begun to filter through into rental expectations. Latin American and Asian countries have the most favourable readings when it comes to the outlook for rents with Hong Kong enjoyin... [more]
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