UK housing market stabilising – RICS

The housing market is showing signs of stabilising, albeit at very low levels, with average sales up slightly in March and a smaller majority of estate agents still reporting falling prices, according to a leading survey.

The monthly findings from the Royal Institution of Chartered Surveyors show that the number of property sales per surveying agency stopped falling in March, with the average in the three months to March standing at 9.7, compared with 9.6 in the three months to February.

Source: Royal Institution of Chartered Surveyors

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