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U.K. home-price index rises to 30-month high as outlook improves

Posted on 15 January 2013

An index of U.K. house prices rose to the highest in 2 1/2 years last month as measures to boost credit lifted optimism at real-estate agents about the outlook, the Royal Institution of Chartered Surveyors said.
The price gauge advanced to zero from minus 9 in November, London-based RICS said in an e-mailed report today, citing a monthly poll of property surveyors. Its the first time since June 2010 that the measure hasn’t been below zero. A gauge of sales expectations for the next three months also rose………………………………………..Full Article: Source


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