December post-election RICS survey was rather positive.
JPM write via Alphaville – The RICS survey, which was post election, “showed a marked and regionally broad-based improvement in its forward looking questions,” says JP Morgan Cazenove. “The expected prices balance leapt from 1 to 23, expected sales shot up from 13 to 31 and new buyer enquiries surged from -5 to 17. These are comfortably the highest levels reported since before the referendum and, in one reading, have swung from below to above their long-run averages.”
