Housing market grows more slowly in October

Homes for sale

Latest RICS survey shows buyer demand increasing – but at a lower rate

The housing market continued to show strong growth in October, albeit at a slightly slower rate than in the previous month, according to the latest survey of estate agents.

The monthly index from RICS found that a net balance of 46% more surveyors saw buyer demand increase than decrease, down from 52% in September and the third consecutive month in which growth has become less widespread. The measure peaked at a reading of +75% in July.

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