Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Market still cautious but medium-term outlook more settled as interest rates ‘peak’
The housing market remains “downbeat” with indicators on demands, sales, new listings and prices all remaining in negative territory, say surveyors.
The latest residential market survey by the Royal Institution of Chartered Surveyors (RICS) shows a score of -29% for surveyors reporting a fall in demand in March, barely changed on the -30% recorded for February. A minus score means there was a higher proportion of surveyors reporting a fall than a rise (see box below).
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
It takes less than one minute….
… or subscribe for full access - Subscribe now