Another housing survey today suggests recovery, but activity seems to most evident within the well-to-do family home price bracket

The latest swathe of housing data continues to suggest a pick up both in prices and activity and the RICS November house price survey, released today, adds further weight to the case for a housing recovery.

Its measures for sales, expected sales, new inquiries, new instructions, prices and expected prices are all in soundly positive territory, although the rate of improvement appears to have slackened.

This survey follows the release of a stack of housing indices pointing upward on prices. The housing futures market too is broadly for long-term growth in prices, although confidence has waned a shade in recent weeks.

Despite these signs of improvement in the market, if you talk privately to those dealing with the housing figures on a regular basis you will find a hefty weight of doubt in their assessments of the future for the housing market.

Postscript

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