Inquiries by would-be homebuyers at estate agents are translating more frequently into purchases, according to figures published on Tuesday. Newly agreed sales are rising more widely across the market than at any point since data were first collected in 1999, the FT said, citing a monthly survey of housing by the Royal Institute of Chartered Surveyors. Buyer inquiries have been rising for the past eight months, and Rics said the latest data reflected interest in buying homes beginning to channel through to more sales.

This entry was posted by Stacy-Marie Ishmael on Tuesday, July 14th, 2009 at 4:40 and is filed under Capital markets. Tagged with house prices, housing, property, UK. Edit this entry.