12/12/2024, 6:26:03 pm

Housing market in UK gathers pace in November 2024 despite cloudy outlook

Britain's housing market strengthened in November, with the Royal Institution of Chartered Surveyors' price gauge reaching its highest level since September 2022, driven by increased buyer demand and mortgage approvals. However, uncertainty over the economic outlook and rising mortgage costs may slow sales in 2023, despite optimism for 2025.