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Global Market | UK housing market downturn eases slightly, but sentiment remains fragile: RICS

Britain's housing market displayed signs of stabilization during June. Buyer confidence remains subdued due to inflation and borrowing cost concerns. New buyer enquiries saw a modest improvement, indicating returning market interest. Rental demand is significantly stronger than the sales market. Activity is expected to stay subdued until economic clarity emerges.

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Economic TimesLean R·2h ago
Global Market | UK housing market downturn eases slightly, but sentiment remains fragile: RICS
Britain's housing market displayed signs of stabilization during June. Buyer confidence remains subdued due to inflation and borrowing cost concerns. New buyer enquiries saw a modest improvement, indicating returning market interest. Rental demand is significantly stronger than the sales market. Activity is expected to stay subdued until economic clarity emerges.
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Global Market | UK housing market downturn eases slightly, but sentiment remains fragile: RICS

How 1 sources are covering this

Global Market | UK housing market downturn eases slightly, but sentiment remains fragile: RICS

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