UK Property Market increased activity October 2011
The UK residential property market saw an increase in activity during October, as sales levels rose, and demand edged up, according to the latest report from the Royal Institution of Chartered Surveyors published today (Tuesday 08 November).
Some 8% more chartered surveyors reported newly agreed sales rose rather than fell, representing a rebound in activity after the past month's dip of 3%.
Although still at historically low levels, this rise represents the best reading since April 2010. Some surveyors attributed this increase to growing realism from many sellers, who now appear to more willing to take offers in order to secure a sale.
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