UK month-to-month home worth gauge in November hits its highest degree since September 2022

Royal Establishment of Chartered Surveyors (RICS) month-to-month home worth gauge

• to +25 in November, its highest degree since September 2022
• from +16 in October

Reuters add feedback:

• “Though the newest survey outcomes proceed to sign a
  regular enchancment in purchaser demand throughout the residential
  market, the broader macro setting is prone to pose
  further headwinds shifting ahead,” RICS senior economist
  Tarrant Parsons stated.
  “The current rise in mortgage rates of interest might curtail the
  restoration in market exercise earlier than lengthy, and that is mirrored
  within the barely much less optimistic gross sales expectations knowledge coming
  via this month,”

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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