Market conditions still reasonably solid to end the year but the recent macro environment presents headwinds moving forward. Highlights include: • Sales volumes improve slightly in December • Buyer enquiries metric turns a little flatter, while respondents report a further increase in new instructions • House prices now seen rising across all parts of the …
RICS UK RESIDENTIAL MARKET SURVEY – December 2024 Read More »
One of DEESURVEYS quarterly articles produced for the Cheshire & North Wales Law Society who DEESURVEYS proudly sponsor. Produced by:- Gavin Floyd FRICS & Christopher Lewis BSc (Hons) Building Surveying at DEESURVEYS Ltd December 2023 As we approach Christmas it is typically a busy time for those involved in the property market with many of …
The Current State Of The Residential Sales Market In The UK Read More »
Indicators on buyer demand, agreed sales and new instructions remain negative National house prices begin to fall Both price and sales expectations point to these trends being sustained over the near-term The November 2022 RICS UK Residential Survey results show overall activity continues to weaken across the sales market, with higher interest rates and a …
RICS UK RESIDENTIAL MARKET SURVEY – NOVEMBER, 2022 Read More »
The June 2022 RICS UK Residential Survey results again point to a softening in demand at the headline level. Nevertheless, with new instructions remaining generally flat over recent months, tight supply conditions are still underpinning house prices. Indeed, for the time being at least, respondents continue to cite an increase in house prices across all …
The June 2021 RICS UK Residential Survey results point to another solid month for activity across the sales market, even though indicators capturing new buyer demand have eased somewhat as the Stamp Duty holiday moves towards its tapered withdrawal. Crucially, a scarcity of new instructions coming onto the market has become more prominent during recent …
RICS UK RESIDENTIAL MARKET SURVEY – OCTOBER 2021 Read More »
The June 2021 RICS UK Residential Survey results point to another solid month for activity across the sales market, even though indicators capturing new buyer demand have eased somewhat as the Stamp Duty holiday moves towards its tapered withdrawal. Crucially, a scarcity of new instructions coming onto the market has become more prominent during recent …
The May 2021 RICS UK Residential Survey results point to a widening disparity between demand and supply within the market, with the flow of new listings deteriorating over the month while buyer enquiries rose at a solid rate. As such, these dynamics continue to exert a considerable amount of upward pressure on house prices, as …
The March 2021 RICS UK Residential Survey results show sales market activity picking up sharply over the month, with indicators on enquiries, sales and new instructions all improving noticeably compared to last time out. Survey participants highlight the extension of the Stamp Duty holiday as a significant driving force behind this renewed momentum, while a …
The December 2020 RICS UK Residential Survey results continue to point to rising activity across the market, even if the pace of growth has softened noticeably compared with earlier in H2. That said, sales expectations have retreated according to the most recent feedback, with respondents anticipating the latest lockdown restrictions (and the related economic challenges), …
The September 2020 RICS UK Residential Survey results continue to point to a strong upturn in activity across the market, as indicators on enquiries, agreed sales and new listings all remain strongly positive. Nevertheless, respondents still foresee sales weakening further ahead amid the challenging macro economic environment, evidenced by the twelve-month expectations series moving deeper …