An upturn in property buyer enquiries was recorded in May, new figures published today have revealed.

The Royal Institution of Chartered Surveyors (Rics) said that 48 per cent of chartered surveyors reported a rise - as opposed to a fall - in these queries.

It was not made clear about how many of these enquiries were made by private landlords.

Over the last three months, the average number of properties sold increased from 10.6 to 11.8, the group added.

Rics spokesperson Ian Perry warned that the sector should not get carried away with the positive news and indicated that the housing market has only recovered in a "material way"of late.

Various issues such as rising unemployment and the general economic climate will provide obstacles for the industry in the coming months, he added.

Despite the problems, Nationwide Building Society and Halifax both reported an increase in property prices in May.

Written by Claire DoyleADNFCR-2002-ID-19210234-ADNFCR

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