You are here: Home - News -

North sees sharp rise in house prices

  • 21/10/2002
  • 0
Buoyancy continues to be maintained in the housing market, according to the Royal Institution of Cha...

Buoyancy continues to be maintained in the housing market, according to the Royal Institution of Chartered Surveyors (RICS) policy unit.

Its latest survey found house price inflation strengthened in the three months to September, following a slight easing in July and August. Half of those surveyed reported price increases in their areas in September while just 6% reported a drop.

The East Midlands, Yorkshire and Humberside saw the sharpest price rises, where 88% more surveyors reported price rises than falls, up from 73% in August.

Phillip Mills, surveyor with Norman F Brown in Bedale, North Yorkshire, said: ‘Demand has dropped slightly and the number of properties on the market has increased. Stock levels are low and we anticipate prices will continue to rise, albeit at a slower pace.’


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.

Read previous post:

The press are at it again. ''House prices driven to unsustainable levels by the buy-to-let market,' ...