Housing demand stabilises after post-stamp duty drop

estate agency

Latest RICS figures show steady demand, with lack of supply driving prices higher

Demand to buy homes has stabilised over the last month following a drop off in interest in the immediate wake of the ending of stamp duty relief on homes of up to £500k at the end of June.

The latest figures from the RICS’ monthly survey suggest demand for homes is neither growing nor declining, with the survey’s index of new buyer enquiries recording a figure of zero, after two months recording negative numbers.

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