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Chartered surveyors see housing market signs of recovery

14 August 2013 Last updated at 17:16 BST

The price of homes in Wales is rising faster than the cost of living, according to new official figures.

The Office for National Statistics (ONS) says there has been a 4.3% rise in house prices in the year to June, higher than the UK average rise of 3.1%.

Meanwhile a survey by the influential Royal Institution of Chartered Surveyors suggests its members in Wales are seeing a pick up in demand as well as rising prices.

BBC Wales economics correspondent Sarah Dickins told Lucy Owen the organisation was seeing "a bit more optimism" in Wales.

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