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The Guardian - UK

Business

Zoe Wood

UK house prices should return to growth in next year, Rics survey shows

RICS United Kingdom

a woman looking at advertisements in an estate agency window — Buyer demand continued to rise and new listings coming on to the market increased for a fourth successive month. Photograph: Yui Mok/PA

House prices across the UK are expected to return to growth within the next 12 months after an increase in new property listings and buyer interest, according to an industry poll.

The latest monthly snapshot from the Royal Institution of Chartered Surveyors (Rics) showed property prices stabilised in March after months of decline amid the impact of higher interest rates and the cost of living crisis.

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