UK Residential Market Survey, June 2024 (Published 11th July 2024).
What is the UK Residential Market Survey?
The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.
Headlines:
Buyer demand metric continues to sit in slightly negative territory
National house prices are still seeing some downward pressure
However, the outlook does appear to be brightening somewhat, with near-term sales expectations improving noticeably.
