Remember, it's been a truth pretty much universally acknowledged, that it's not been the number of renters with good fortunes but the lack of available properties that's been supporting the property market recovery in recent months. February - according to the Royal Institution of Chartered Surveyors - was the second consecutive month in which new properties coming onto the market outstripped new enquiries. More surveyors were still reporting house price rises than falls, but only 17% more, compared with 31% in January, and far fewer than predicted. How long will vendors be able to call the shots?

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