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House prices and jobs surveys offer UK economy glimmer of hope

From guardian.co.uk

House prices are starting to stabilise and the jobs market is improving according to two forward-looking surveys, offering glimmers of hope for the UK economy even as it heads towards a possible triple-dip recession. The monthly snapshot of the property market from the Royal Institution of Chartered Surveyors suggested house prices remained broadly flat in November, while the number of sales continues to edge up. The body representing estate agents found a balance of 9% of surveyors reported falling house prices in November. RICS said: "While slightly up on October's reading [7%], this still suggests that the ... (full story)

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