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A net balance of 52% of RICS surveyors noted an increase in new buyer enquiries in September.
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New instructions coming onto the sales market also rose for a fourth month in a row, which now signifies the longest stretch of rising supply going back to 2013.
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Tenant demand mostly increased, though it fell in London.
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Alan Cleary, managing director for mortgages at OneSavings Bank, said: “Evidence from the latest RICs market survey shows house prices rising strongly and tenant demand remaining firm in September, though falling a little from the high levels reached in July and August.
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“Rising house prices should provide a natural support to rental growth. The immediate outlook is for a period of robust growth in overall levels of housing market activity, with transactions and prices continuing to drift upward.”
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BY RYAN BEMBRIDGE
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Source: Property Wire
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