Mar­ket to end year on pos­i­tive note

Yorkshire Post - Property - - PROPERTY -

THE York­shire hous­ing mar­ket should see a slightly stronger end to the year with trans­ac­tion lev­els expected to pick up and price falls pre­dicted to slow, says the lat­est RICS UK hous­ing mar­ket sur­vey.

Helped by the prospect of greater mort­gage avail­abil­ity on the back of re­cent gov­ern­ment ini­tia­tives, char­tered sur­vey­ors’ ex­pec­ta­tions for fu­ture sales in the re­gion reached their high­est level since Jan­uary.

Peter Bolton King, RICS Global res­i­den­tial di­rec­tor, says: “More needs to be done to get the mar­ket mov­ing. Un­re­al­is­tic ex­pec­ta­tions on the part of ven­dors seem to be stalling the trans­ac­tion process. Mean­while, al­though the fund­ing for lend­ing scheme ap­pears to be im­prov­ing mort­gage avail­abil­ity.”

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