UK Residential Market Survey September 2023 [Electronic resource]
Language: English Series: RICS UK Residential Market SurveyPublication details: London, Royal Institution of Chartered Surveyors, October 2023Description: 17pSubject(s): Online resources: Summary: The September 2023 RICS UK Residential Survey results continue to depict a challenging market backdrop, with stretched mortgage affordability still the dominant factor weighing on buyer demand. While the near-term outlook remains relatively downbeat, twelvemonth sales expectations have at least stabilised of late. Perhaps linked to this, anecdotal comments left by contributors suggest that the Bank of England’s decision to pause monetary policy tightening last month has provided a little bit of support to market sentiment.| Item type | Current library | Call number | Status | |
|---|---|---|---|---|
| Online material | Virtual Online | MARKET DATA (Browse shelf(Opens below)) | Available |
The September 2023 RICS UK Residential Survey results continue to depict a challenging market backdrop, with stretched mortgage affordability still the dominant factor weighing on buyer demand. While the
near-term outlook remains relatively downbeat, twelvemonth sales expectations have at least stabilised of late. Perhaps linked to this, anecdotal comments left by contributors suggest that the Bank of England’s decision to pause monetary policy tightening last month has provided a little bit of support to market sentiment.