How regional house prices are expected to rise in 2014

According to RICS, regional prices will rise by the following percentages in 2014:

  • London - 11%
  • East of England - 10%
  • East Midlands - 10%
  • North West 7%
  • Scotland 7%
  • South East 7%
  • South West 7%
  • Wales 7%
  • West Midlands 7%
  • Yorkshire and Humberside 7%
  • North East 5%
  • Northern Ireland 4% .

Read: Property prices set to surge in 2014, surveyors forecast

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House prices set to rise 8% due to property shortage

House prices will rise by another 8% next year due to the shortage of homes coming on to the market , surveyors have forecast.