Property market picks up - papers 15th Nov

clock

THE NUMBER of people asking about buying a house last month rose at the sharpest rate for two years, suggesting that the property market is beginning to pick up, according to this morning's papers.

The Royal Institution of Chartered Surveyors (Rics) said it was the fourth consecutive increase. Around 20% more chartered surveyors reported an increase in interest in October than a fall, says the Daily Telegraph. At the same time, the number of completed property deals rose for the fifth month in a row, and estate agents have the lowest amount of unsold property on their books since January. Jeremy Leaf, a spokesman for Rics, said buyers were less nervous about interest rates, and high levels of employment underpinned the market. "The return to more balanced market conditions is wel...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Women in Financial Advice Awards 2026: Nominations open!

Women in Financial Advice Awards 2026: Nominations open!

Awards to be held at Hilton Bankside in London

Professional Adviser
clock 24 March 2026 • 1 min read
PA Awards 2026: Photos from the night

PA Awards 2026: Photos from the night

Celebrating the advice profession's best

Professional Adviser
clock 20 March 2026 • 1 min read
PA Awards 2026: Winners' photo gallery from the night

PA Awards 2026: Winners' photo gallery from the night

PA’s 21st awards took place on 18 March

Professional Adviser
clock 19 March 2026 • 1 min read