UK Residential Market Survey, May 2024 (Published 12th June 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:
• New buyer enquiries see a modest dip alongside a general softening in momentum reported across the sales market
• National house price indicator slips back into slightly negative territory
• Near-term expectations still point to the recovery getting back on track in the months ahead.
