RICS issue positive News.

03 March 2010

 The RICS (Royal Institute of Chartered Surveyors) say: “With housing supply continuing to be tight and interest rates likely to remain low, it seems unlikely that prices will dip again.” PDQ's view: RICS press releases are usually similar to a new pair of corduroy slippers being put on show in London fashion week and this one is no different.

However much lacking in hyperbole, this is yet another sign from the ladies and gents who decide if you are paying too much for something and whether it is likely to fall down around your ears, that the market has now bottomed out and is in recovery.

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