The survey found that the number of properties coming to market has increased slightly for the third consecutive month, as has the number of sales, due to a short-term rush to buy properties before the April 1 deadline.
Prices also rose in February, with 50pc of those surveyed reporting a rise in prices, rather than a fall.
The Rics UK residential market survey is viewed as very reliable in forecasting market activity, and charts the sentiments of its members in sales and lettings.
Respondents to the survey concluded that house prices in London are stabilising; while 50pc more surveyors reported an increase in housing prices nationally, just 3pc respondents in the capital reported a rise.
Outer boroughs of London are tracking the positive national trend more than those in prime central London, according to the survey.
Mr Rubinsohn added: “The challenges facing the top end of the capital’s property market are clearly visible in our latest results. However, it is evident that the broader London market remains firm in the face of the on-going shortage of stock and pent up demand.”
Adrian Gill, head of estate agency Your Move, reported that home sales in February were up 9.3pc compared to last year, according to the Acadata house price index. He said that this was “due to the impending stamp duty hike”.