Summary
The housing market saw an increase in activity last month but the threat posed to the UK by the eurozone debt crisis and tough lending conditions will halt a significant recovery, a survey has warned.
More surveyors reported that newly agreed sales were on the rise rather than falling in October, according to the Royal Institution of Chartered Surveyors (RICS), following a fall the previous month.See the full content of this document
Extract
Recovery Stalls Amid Debt and Euro Crisis
RICS said some surveyors put the rise in sales down to a more "realistic" attitude among sellers, who are more willing to take offers to secure a sale.
But Ian Perry, RICS spokesman, warned: "With the chaotic events in the euro...See the full content of this document
Sponsored links
