Surveyors from the Royal Institute of Chartered Surveyors have stated recently that property prices in the UK continue to be strong, and earlier this month reported that they were actually increasing at their strongest level in around three years.

The figures were based on a RICS poll that involved surveying member estate agents. RICS officials stated that around 35 percent more members reported that there had been an increase in November rather than a fall, and that this was the highest since November of 2006.

RICS has also stated that there continues to be a higher demand for property than supply, and if this trend should continue then it is possible that house price growth will continue into the New Year.

A spokesperson for RICS, Ian Perry, stated that the state of the economy would suggest that the property market should not be doing as well as it appears to be doing, but pointed out that the survey had indicated that prices were rising for the fourth month in a row.

Officials from RICS did add that there had been a slight increase in the number of properties that were coming back onto the market for sale, but said that demand was still outstripping supply and that the increased supply was not sufficient enough to dampen house prices increases.

New instructions to sell property are said to have increased for the sixth month in a row to a two and a half year high and 28 percent more surveyors reported an increase rather than a fall in enquiries.

Ian Perry from RICS said: ‘Despite modest increases in the number of properties coming on to the market, it is clear that this is not significant enough to keep pace with the levels of demand. Buyer enquiries are continuing to grow and with the pace of job losses now easing, the risk is that the New Year could see a further wave of interest in the market.’

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