Confidence returns to Welsh housing market - says RICS

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Tuesday, December 11, 2012
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South Wales Evening Post

WELSH buyers are starting to return as confidence improves in the housing market, the latest RICS housing market survey has revealed.

The RICS research showed inquiries from would-be buyers rose in Wales last month.

Tony Filice of RICS said: "A certain amount of optimism is being expressed by Welsh chartered surveyors, which is a refreshing way to end the year.

"Hopefully, consumer confidence to buy will also continue into 2013.

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"Mortgage funding is still a problem, however, those who are able to qualify with minimum deposits and strict mortgage criteria requirements are buying and not sitting on the fence."

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