Friday, 16 November 2012

Biggest rise in house hunters for three years but property prices continue to fall | Mail Online

Biggest rise in house hunters for three years but property prices continue to fall | Mail Online

The biggest rise in house hunters for more than three years was recorded last month, as the property market started to show flickers of life, the latest Royal Institution of Chartered Surveyors report said

Improving mortgage rates and a slight boost to confidence delivered an upturn in property market activity in October, RICS members reported.

But house prices are falling in all regions except London and the South East and the capital’s property market has lost some of its head of steam.

RICs reported that its member agents had seen the biggest rise in new buyer enquiries since December 2009, with 18 per cent more reporting rising rather than falling enquiries, up from 5 per cent the previous month.


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