000 01775nam a22002057a 4500
008 240509e20240509xxk|||||o|||| 00| 0 eng d
041 _aeng
110 _aRoyal Institution of Chartered Surveyors
245 _aUK Residential Market Survey
_bApril 2024
_h[Electronic resource]
260 _aLondon,
_bRoyal Institution of Chartered Surveyors,
_cMay 2024
300 _a17p
490 _aRICS UK Residential Market Survey
520 _aThe April 2024 RICS UK Residential Survey results show the recent recovery in buyer demand stuttering slightly, with the market seemingly impacted by the slight upward move in mortgage rates over the past few weeks. Nevertheless, forward-looking sentiment continues to point to a stronger picture for sales market activity coming through over the next twelve months. With respect to new buyer enquiries, the headline net balance for this indicator softened to -1% in April, down from a reading of +6% previously. As such, this brings to an end a run of three consecutive positive monthly results beforehand, with the latest return indicative of a broadly fl at trend. That said, the feedback around buyer demand is mixed at the regional level, with any loss of impetus mainly concentrated in London and Southern parts of England. Meanwhile, the agreed sales metric did improve slightly in April, posting a net balance reading of +5% compared to -5% last month
650 _aHOUSING MARKET
650 _aRESIDENTIAL PROPERTY
651 _aUnited Kingdom
710 _aRoyal Institution of Chartered Surveyors
856 _uhttps://www.rics.org/content/dam/ricsglobal/documents/market-surveys/uk-residential-market-survey/UK-Residential-Market-Survey_April-2024.pdf
_zAvailable free on RICS.org
942 _n0
999 _c121926
_d121926