The amount of homes sold in the UK reached a three year high during March as increased confidence in the market continued to translate into sales, says the latest RICS housing market survey (9 April 2013).
In March, chartered surveyors reported selling an average of 17.4 homes over the previous three months, the highest number since March 2010. Confidence has been slowly returning to the UK housing market since the end of 2012 and transactions have also risen for three consecutive months.
This increasing stability was mirrored by prices as respondents across the country reported practically no movement during March. A net balance of just one percent more surveyors reported price falls (from -7 percent), meaning house prices across the UK have now been relatively stable for six months.
