Housing demand remains weak as mortgage affordability ‘stretched’, says RICS

By Daniel Gayne2023-10-12T06:23:00

Stabilisation of interest rates offers glimmer of hope to struggling sector, surveyors’ body warns

Housing demand remains weak and is likely to remain so, according to a report from the Royal Institution of Chartered Surveyors.

According to RICS’ monthly UK Residential Market Survey, more surveyors reported a fall than a rise in new buyer enquiries in September, with a net reading of -39%, while agreed sales stood at –37%.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

Breaking industry news as it happens
Gain access to Housing Today’s Specialist CPD modules
Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now