Royal Institution of Chartered Surveyors (RICS) monthly house price gauge
to +25 in November, its highest level since September 2022from +16 in October
Reuters add comments:
“Although the latest survey results continue to signal a
steady improvement in buyer demand across the residential
market, the broader macro environment is likely to pose
additional headwinds moving forward,” RICS senior economist
Tarrant Parsons said.
“The recent rise in mortgage interest rates may curtail the
recovery in market activity before long, and this is reflected
in the slightly less optimistic sales expectations data coming
through this month,”
This article was written by Eamonn Sheridan at www.forexlive.com.
