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...
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