This week’s graph comes from the latest RICS Lettings Survey, published today (2 December 2009).
The report (Q3 2009) reveals that as the sales market recovers, excess stock in the rental market is on the wane and rental prices are edging back up.

RICS spokesperson Jeremy Leaf commented: “It seems the current upward trend in the housing [...]

Today’s report from the Royal Institution of Chartered Surveyors shows a rise in buyer enquiries, a rise in sales agreed, more optimism among surveyors about house prices, and a fall in stock levels.
I had a chat with our statisticians this morning, and our own numbers echo this:
•    In April, enquiries to estate agents were up [...]