Buyers may be rushing to the estate agents but, with prices still falling, sellers aren't following suit

The latest RICS housing market survey paints a more optimistic picture of the housing market, with evidence that confidence and activity continue to improve.

The “new buyer enquiries” series (the balance of surveyors reporting an increase rather than a decrease in buyer interest) has been rising since November and, at 48 in May, it was the most positive response since August 1999.

To read the rest of Simon Rubinsohn's article, see Simon Rubensohn's full blog post