House prices on the increase, but so too are the questions marks over the housing market
The big news is that for the first time in two years more surveyors in Britain said prices rose than said they fell, according to the latest RICS housing market survey. The big question is whether this is the start of a continuous and sustained recovery in the housing market or just, as the ITEM Club suggested yesterday, a false dawn. The big problem is that while the survey points to a general rise in prices, it also highlights that…