Market comment

RICS survey points to rising house prices for first time


This morning’s Royal Institute of Chartered Surveyors (RICS) survey indicates that the UK housing market is experiencing a sharp rebound, led by London and the South-East, with buyers and sellers returning to the market now that the uncertainty of Brexit has passed. The RICS house price balance rose to +17% in January, indicating for the first time since 2017 that a significant majority of estate agents reported rising prices.

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Feb 13 2020, 08:30 GMT