Money Distilled

The UK Housing Market May Have Turned a Corner

Estate agents were feeling a little more upbeat as we entered the new year.
A dusting of snow on rooftops of residential houses in Brighton.Photographer: Jason Alden/Bloomberg
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Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

The UK housing market may have turned a corner, now that the budget is behind us. At least that’s what the latest Royal Institution of Chartered Surveyors residential market survey suggests.