The latest RICS survey shows the UK housing market outlook has deteriorated to its weakest point in over three years, with subdued buyer demand and falling agreed sales pointing to further downward pressure on house prices.
The latest RICS survey shows the UK housing market outlook has deteriorated to its weakest point in over three years, with subdued buyer demand and falling agreed sales pointing to further downward pressure on house prices.
Three years of “green shoots” and now the weakest outlook since the mini-budget chaos. Funny how every forecast gets a fresh coat of optimism until the numbers stop cooperating. But here’s what nobody in that survey seems to answer: if buyer demand is this subdued and agreed sales are falling, who exactly is supposed to pay for the first-time buyer schemes ministers keep announcing? Asking for a man who’s been priced out since 2015.