UK Residential Market Survey [Electronic resource] May 2024
UK Residential Market Survey May 2024 [Electronic resource]
- London, Royal Institution of Chartered Surveyors, June 2024
- 17p
- RICS UK Residential Market Survey .
The May 2024 RICS UK Residential Survey results
are symptomatic of a slight setback for the sales
market over the month, with most of the indicators
tracked deteriorating to a certain extent. This
appears to be linked to the recent scaling back
in expectations around the degree of monetary
policy loosening likely to be pushed through by the
Bank of England during the second half this year.
Nevertheless, respondents still foresee a modest
recovery in residential sales volumes getting back
on track over the months ahead.
HOUSING MARKET
RESIDENTIAL PROPERTY
United Kingdom
The May 2024 RICS UK Residential Survey results
are symptomatic of a slight setback for the sales
market over the month, with most of the indicators
tracked deteriorating to a certain extent. This
appears to be linked to the recent scaling back
in expectations around the degree of monetary
policy loosening likely to be pushed through by the
Bank of England during the second half this year.
Nevertheless, respondents still foresee a modest
recovery in residential sales volumes getting back
on track over the months ahead.
HOUSING MARKET
RESIDENTIAL PROPERTY
United Kingdom