UK Residential Market Survey [Electronic resource] January 2025
UK Residential Market Survey January 2025 [Electronic resource]
- London, Royal Institution of Chartered Surveyors, February 2025
- 17p
- RICS UK Residential Market Survey .
The January 2025 RICS UK Residential Survey
results signal a broadly fl at monthly picture for
sales market activity, with measures of demand
and sales both easing slightly to now sit in neutral
territory. Nevertheless, despite the slight stalling
in momentum of late, respondents continue to
envisage a modest expansion in sales volumes as
the year progresses.
During January, the new buyer enquiries indicator
returned a net balance of zero at the headline
level, which is now indicative of a broadly fl at trend
over the month. What’s more, this series has
continued to moderate gradually in each of the
past fi ve reports having hit a recent high of +16%
back in August (suggesting demand growth has
lost impetus).
With regards to the survey’s tracker of agreed
sales, the latest net balance reading of +3% is
also consistent with a more or less static picture,
having eased from a marginally stronger figure of
+7% in the December 2024 results.
HOUSING MARKET
RESIDENTIAL PROPERTY
United Kingdom
The January 2025 RICS UK Residential Survey
results signal a broadly fl at monthly picture for
sales market activity, with measures of demand
and sales both easing slightly to now sit in neutral
territory. Nevertheless, despite the slight stalling
in momentum of late, respondents continue to
envisage a modest expansion in sales volumes as
the year progresses.
During January, the new buyer enquiries indicator
returned a net balance of zero at the headline
level, which is now indicative of a broadly fl at trend
over the month. What’s more, this series has
continued to moderate gradually in each of the
past fi ve reports having hit a recent high of +16%
back in August (suggesting demand growth has
lost impetus).
With regards to the survey’s tracker of agreed
sales, the latest net balance reading of +3% is
also consistent with a more or less static picture,
having eased from a marginally stronger figure of
+7% in the December 2024 results.
HOUSING MARKET
RESIDENTIAL PROPERTY
United Kingdom