November Press Releases
To see press releases from previous months, click Next.
PR081
Sales hit a new low but expectations of a recovery increase
11/11/08
The average number of transactions per surveyor fell again in October as a lack of mortgage finance continued to stifle the ability of buyers to access the market, but expectations that sales will improve (over the next three months) increased, says RICS' UK Housing Market Survey.
PR079
UK Valuations score best for accuracy
05/11/08
UK commercial property valuations are the most accurate of the four largest property investment markets in Europe, with the majority of valuations falling within 10 percent of sale prices, according to the RICS Valuation and Sale Price Report, published today (November 5th 2008).
PR076
Fall in demand forces tenders to remain low
BCIS Tender Price Index
21/10/2008
Construction Contractors, faced with a huge drop in demand, are having to hold prices in order to secure tenders, despite pressure from increasing resource costs, according to the latest Tender Price Index compiled by RICS' Building Cost Information Service (BCIS).
PR068
Hirst sale signals peak in the UK Art and Antiques market – ‘for now’.
RICS Arts and Antiques Survey – Quarter three 2008
07/10/2008
Fewer housing transactions are taking their toll on mid to lower range arts and antiques sales but the super rich continue to snap up rare and contemporary high end pieces as they seek refuge from the current financial crisis, according to the RICS UK Arts and Antiques survey published today (7 October).
PR067
New build home numbers could drop below 100,000 next year warns RICS.
RICS UK Construction Market Survey, Q3 2008
07/10/2008
The Government’s housing target of building two million new homes by 2016 is looking further out of reach with the downturn in the construction industry sending growth in private housing workloads to a record low, says the RICS UK Construction Market Survey published today (6 October 2008).
PR066
Gap between asking and selling prices is widening
RICS research August 2008
29/09/2008
Across the UK, houses are selling at an average of nine percent below the asking price with sellers in some regions being forced to accept as much as 12.5 percent discount off their advertised price, says RICS research published today.
PR064
Sales fall further with little sign of respite
UK Housing Market Survey - August 2008
09/09/2008
The average number of transactions per surveyor fell further in August as a lack of mortgage finance continued to stifle the ability of buyers to access the market says RICS' UK housing market survey published today (9 September 2008).
PR062
Fuel Poverty: how much do green upgrades really save you?
RICS launches Greener Homes Price Guide
03/09/2008
Homeowners rocked by huge rises in their energy bills are increasingly being encouraged to turn to green solutions to save money and reduce their carbon footprint - but will these changes deliver the savings they claim or will consumers end up incorporating expensive 'green' upgrades that take a lifetime to pay off?
PR061
Government must act on property market now
RICS Proposals for the Housing Market
01/09/2008
With the housing market on its knees, the RICS is calling on the Government to act swiftly and decisively on a range of proposals to help the buying and selling process - now and in the future - for both consumers and business.
PR058
Large scale infrastructure work suffering from steep rise in costs
BCIS Civil Engineering Market report Q2 2008
13/08/2008
Large scale public sector projects such as Crossrail and those linked to the 2012 Olympic Games, including the East London Line and Thameslink, are in danger of dipping further into the public purse due to significant increases in costs, according to the Civil Engineering Market report from RICS' Building Cost Information Service (BCIS).
PR057
Sales continue to dry up but some realism returns to the market.
UK Housing Market Survey - July 2008
12/08/2008
The average number of transactions per surveyor fell further in July as a lack of mortgage finance continued to weigh heavily on the market. However, sales expectations have improved, driven by sellers beginning to offer more realistic asking prices says RICS’ UK housing market survey published today (12 August 2008).
PR056
Tender prices start to fall
BCIS Tender Price Index
29/07/2008
Construction contractors are not passing on the full impact of the rising costs of materials and wages, amid fears of a credit crunch backlash from clients unable to secure finance for new orders, according to the latest Tender Price Index compiled by RICS' Building Cost Information Service (BCIS).
PR055
Developed world continues to suffer financial woes
RICS Global Commercial Property Survey Q2 2008
31/07/2008
Tenant demand fell at a faster pace in the developed world in the second quarter. Transaction volumes and capital values plummeted as the commercial property market suffered under financial liquidity constraints, says the RICS Global Commercial Property Survey, published today (31 July 2008).
PR054
City Slickers running scared but arable land prices reach record high
RICS Rural Market Survey
28/07/2008
UK farmland prices surged at the fastest pace in the RICS' rural market survey's history during the first half of 2008 but lifestyle buyers retreated as the credit crunch deepened.
PR053
Commercial property downturn Intensifies
RICS Commercial Property Survey Q2 2008
21/07/2008
The balance of surveyors reporting demand for commercial property in Q2 has fallen to the lowest level in a decade, says RICS' Commercial Property Survey.
PR052
Activity at all time low but opportunists enter the market
RICS Housing Market Survey - June 2008
15/07/2008
The average number of transactions per surveyor fell further in June but some would-be-buyers are again showing interest in the market, says RICS' UK housing market survey published today (15 July 2008).
PR051
RICS moves up a gear
10/07/2008
A new governance model has received overwhelming approval from RICS members at its recent Annual General Meeting (7 July 2008)
PR050
Peter Goodacre elected as RICS President
09/07/2008
Peter Goodacre has been inaugurated RICS President for the 2008/2009 session. Taking up his position at the RICS Annual General Meeting on 7 July, Mr Goodacre is a Former Principal of the College of Estate Management.
PRO49
BCIS guide supports life cycle costing standard
09/07/2008
Companies that calculate the whole cost of a building's life at the outset of a project will save money, as well as producing more sustainable buildings for the future, if they follow new advice from RICS Building Cost Information Service (BCIS) and the British Standards Institution (BSi).
PR048
Owning your own home is almost impossible for low income couples
RICS accessibility and affordability indices, July 2008
10/07/2008
It is now almost impossible for a low income couple to become home owners in Great Britain according to the RICS accessibility and affordability indices.
PR047
Super rich bolster the market
Arts and Antiques Survey - Q2 2008
08/07/2008
The super rich and international buyers are bolstering the arts and antiques industry as signs show the credit crunch is beginning to bite, says the RICS UK Arts and Antiques Survey published today (8th July 2008).
PR046
Government housing targets under more pressure as private sector workloads fall
02/07/2008
The declining number of residential new build developments is taking its toll on the construction sector with workloads falling at the most dramatic rate for over a decade, says the RICS UK Construction Market Survey published today (2 July 2008).
PR045
99 percent of house buyers could benefit under RICS stamp duty proposal
01/07/2008
The UK Government must overhaul stamp duty land tax radically to create a fairer system for consumers, says RICS (Royal Institution of Chartered Surveyors). Proposing a system that would benefit 99 percent of home buyers, RICS called on the Government to find a way of implementing the policy, which will provide a boost to the economy and the faltering housing market.
PR044
RICS calls for Government to tackle property reform
Carsberg Review of Residential Property
16/06/2008
The Carsberg Review of Residential Property should be the basis for major reform of the residential property sector, says RICS (Royal Institution of Chartered Surveyors).
In particular RICS endorses the view that consumers should be central to any reform, with emphasis placed on providing better information and basic protections for any person buying, selling or letting property.
PR042
Transactions fall further
RICS Housing Market Survey - May 2008
10/06/08
The balance of Chartered Surveyors reporting house price falls decreased slightly in May but the average number of transactions per surveyor fell further, says RICS' UK housing market survey published today (10 June 2008).
PR041
RICS set to transform process of appointing a surveyor
09/06/2008
With the introduction of its new suite of appointment forms RICS (Royal Institution of Chartered Surveyors) is looking to simplify and improve the process of appointing a surveyor. The Consultancy Appointment Forms, launched this week, offer an innovative and fresh approach for the industry.
PR037
Landowners are willing to sell for affordable rural housing
05/06/2008
Nearly 40 percent of rural landowners would put forward land at below market value for affordable housing, says RICS research published today (Thursday 5 June 2008).
PR039
Home improvement costs up by 20%
RICS / BCIS Property Makeover Price Guide 2008
03/06/2008
The rising costs of transport and raw materials and a shortage of tradesmen is pushing up the costs of home improvements, according to new figures by RICS’ Building Cost Information Service (BCIS).
PR036
Credit crunch takes toll on emerging market investors
RICS Global Commercial Property Survey Q1 2008
29/05/2008
Investors are falling out of emerging markets as they struggle to overcome financial liquidity constraints despite tenant demand remaining positive, says the RICS Global Commercial Property Survey, published tomorrow (29 May 2008).
PR033
Civil engineering output set to grow
23/05/2008
Despite several years of decline in construction output in the civil engineering market the BCIS Civil Engineering Market Report forecasts that demand will grow in all infrastructure sectors over the coming years.
PR035
Sales slump pushes property back into the lettings market
RICS residential lettings survey Q1 2008
22/05/2008
New instructions to let property increased significantly in Q1 2008. Owners experiencing difficulty selling their properties, have turned to the rental market to take advantage of rising yields, says RICS Lettings Survey published today (Thursday 22 May 2008).
PR028
RICS appoints three agencies for £900,000 regional campaign
20/05/2008
RICS (Royal Institution of Chartered Surveyors) has appointed three agencies to run PR across its 12 UK regions.
Following a competitive pitch, Golley Slater will handle PR for all nine regions in England plus Wales, with JPR retained in Northern Ireland and Smarts in Scotland.
PRO32
Standard Form of Cost Analysis – 3rd Edition released
16/05/2008
BCIS will publish an updated edition of the standard used across the building industry to organise cost data this month. The 3rd Edition of the Standard Form of Cost Analysis – Principles, Instructions and Definitions (SFCA) clarifies the definitions and rules in the previous edition in the light of modern building design and construction techniques.
PRO29
RICS publishes first official guidance on carbon management
16/05/2008
With tenant demand growing for energy efficient property and the introduction of Commercial Energy Performance Certificates (EPCs), RICS (Royal Institution of Chartered Surveyors) has published professional guidance into the carbon management of real estate.
PR031
Distress sales yet to filter through
Housing Market Survey - April 2008
13/05/2008
The balance of Chartered Surveyors reporting house price falls increased even further but tight supply is limiting the extent of the decline, says RICS’ UK housing market survey published today (13 May 2008).
PR030
Sharp Rise in Tender Prices
BCIS Tender Price Index – Forecast to Q1 2010
06/05/2008
The price of new construction work rose sharply in Q4 2007 with tenders rising well ahead of general inflation, says the latest Tender Price Index compiled by BCIS (Building Cost Information service).
PR025
Arts and Antiques Survey - Q1 2008
Investment in Arts and Antiques continues to rise
22/04/2008
More consumers are investing in the arts and antiques market, leading to a rise in lot prices, says RICS’ first Art and Antiques survey published today (22nd April 2008). The volatility of the financial markets appears to be encouraging consumers to switch to alternative investment opportunities.
PR026
Commercial Property Survey -Q1 2008
Commercial property downturn continues
21/04/2008
The balance of surveyors reporting demand for commercial property in Q1 has fallen at the fastest pace for over six years and rental confidence has fallen at the fastest pace for a decade, says RICS’ Commercial Property Survey published today (19 April 2008).
PR024
Housing Market Survey - March 2008
Sentiment drops to historical low
15/04/2008
The balance of Chartered Surveyors reporting house prices falls increased to an historical low in March. However, a lack of new supply is still preventing significant price falls despite rising stock levels, says RICS’ UK housing market survey published today (15 April 2008).
PR022
Construction Market Survey - Q1 2008
Construction outlook is worst for a decade
01/04/2008
A slowing housing market has hit the UK construction industry, making it even more unlikely that the Government will reach its housing targets, says the RICS UK Construction Market Survey published today (1 April 2008).
PR020
Calculating the cost of storm damage
14/03/2008
After this week's storm, those who suffered damage to their property will be turning their heads to repairs. But where to start?
PR019
RICS and MacDonald & Company Salary Survey 2008
07/03/2008
Average salary increases for chartered surveyors continue to perform well ahead of other jobs*, reports the annual RICS and MacDonald & Co salary survey published today (7 March 2008). 2007 increases remained in line with previous years amounting to a steady increase of 6.25 percent each year over the past four years.
PR018
RICS Housing Market Survey - February 2008
Stocks rise as sentiment drops
11/03/2008
The balance of Chartered Surveyors reporting house prices falls increased to near historical levels in February and stock piles rose to levels not seen for a decade, says RICS' UK housing market survey published today (11 March 2008).
PR017
Residential Lettings Survey
Yields increase but Buy-to-let mortgages dry up
06/03/2008
Demand for rental properties continued to grow as landlords saw their yields increase says the RICS Lettings Survey published today (Thursday 6 March 2008). However, access to the buy-to-let market became harder for would-be-landlords as mortgage products became scarce.
PR016
Post quake - The cost of repairs. Don't let your pocket be shaken empty by repair costs
03/03/2008
With insurers already predicting that damages could amass into millions of pounds, RICS has advised homeowners to make sure they are not paying over the odds for damage repair work.
PR014
Residential Auction Figures
Achieved sales at auction at lowest level for three years
03/03/2008
The success rate for residential properties sold at auction fell to the lowest level for three years as buyers retreated from auction houses due to tighter lending conditions and greater uncertainty over the outlook for house prices.
PR011
Housing Market Survey-Jan 08
January price balance continues downward trend
13/02/2008
The balance of surveyors reporting house price falls increased again in January, says RICS' UK housing market survey published today (13 February 2008)
PR010
Rural Market Survey
Arable land prices break £10k barrier but city slickers are expected to retreat
11/02/2008
UK Farmland prices surged at the fastest pace in the RICS Rural market survey's history during the second half of 2007 but lifestyle buyers are expected to retreat as financial woes continue.
PR008
Access to the housing market 351 percent worse than 1996
30/01/2008
An accessibility index, developed by RICS has found that the cost of becoming a home purchaser in Great Britain has worsened by 351 percent since the most accessible point in 1996.
PR007
2007 Q4
Commercial Property Survey
30/01/2008 |
Tenant demand for commercial property fell to 2003 levels, says RICS' Commercial Property Survey. |
PR006
Construction outlook makes government housing targets unlikely
24/01/2008 |
A slowing housing market has dampened confidence in the profit outlook of the UK construction industry, making it even more unlikely that the Government will reach its housing targets, says the RICS Construction Market Survey. |
PR005
isurv a hit with property professionals
25/01/2008 |
isurv* (www.isurv.com) the number one resource for surveyors, is attracting a flood of Chartered Surveyors and property firms eager to maximise the flexibility and ease this online knowledge portal provides.
PR004
BCIS Tender Price Index - Forecast to Quarter 4 2009
24/01/2008
The price of new construction work continued to outpace general inflation in the year to 3rd quarter 2007, according to the latest BCIS (Building Cost Information service) Tender Price Index. |
PR003
Housing Market Survey -Dec 2007
Price balance drops further into negative territory
16/01/2008 |
The balance of surveyors reporting house price falls has reached levels not seen since the early nineties housing market correction, says RICS' UK housing market survey published today (16 January 2007).
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