000 01885nam a22002057a 4500
008 240614e20240711xxk|||||o|||| 00| 0 eng d
041 _aeng
110 _aRoyal Institution of Chartered Surveyors
245 _aUK Residential Market Survey
_bJune 2024
_h[Electronic resource]
260 _aLondon,
_bRoyal Institution of Chartered Surveyors,
_cJuly 2024
300 _a18p
490 _aRICS UK Residential Market Survey
520 _aThe June 2024 RICS Residential Survey results continue to point to a relatively subdued market backdrop at present, with indicators on buyer demand, sales and prices remaining in slightly negative territory. That said, despite recent months showing a softening in momentum, respondents expectations have now turned a little more optimistic with regards to the near-term outlook for sales activity. At a headline level, the new buyer enquiries measure posted a net balance reading of -7% in June, broadly in-line with the figure of -8% returned last month. As such, this indicator continues to signal a modest weakening in demand from home buyers, marking the third month in succession in which enquiries have reportedly slowed. At the same time, the newly agreed sales gauge posted a net balance of -7% this month, marginally less negative than the reading of -13% seen in the previous iteration of the survey. These two downbeat readings following a brief period of recovery earlier in the year, which looks to have slipped into reverse of late.
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/June-2024-RICS-UK-Residential-Market-Survey.pdf
_zAvailable free on RICS.org
942 _n0
999 _c121970
_d121970