Activity in Scotland’s housing market slowed through April, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, although prices are still rising.
Both demand and supply levels fell further into negative territory in the latest survey, with a net balance of -18% of respondents reporting a fall in new buyer enquiries - down from -8% the month previous - and a net balance of -28% of surveyors reporting a fall in new instructions to sell - down from -12% in March.
With both demand and supply lower, sales were also reported to be falling back, with a net balance of -19% of respondents reporting a fall in sales through the month of April.
