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UK property market strengthens, pressure on renters intensifies, RICS says

World

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LONDON, Oct 10 (Reuters) - Britain's housing market recovered further last month, according to property surveyors who said house prices, sales and enquiries rose, but pressure in the rental sector intensified as tenant demand continued to outstrip the number of available homes to rent. The Royal Institution of Chartered Surveyors said on Wednesday that its main house price balance, which measures the difference between surveyors seeing falls and rises in house prices, moved into positive territory for the first time since October 2022. Its house price balance rose to +11...

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