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U.K. House Price Gauge Increases to Three-Year High, RICS Says

By Implode-Explode Heavy Industries

"?Despite modest increases in the number of properties coming on to the market, it is clear that this is not significant enough to keep pace with the levels of demand,? Ian Perry, a spokesman for RICS, said in a statement. ?Buyer enquiries are continuing to grow and with the pace of job losses now easing, the risk is that the new year could see a further wave of interest in the market.?"

Full post as published by Mortgage Lender Implode-o-Meter on December 15, 2009 (boomark / email).