High Street Decline Puts Pressure on Estate Agencies
UKPulse Property Desk
Estate agency owners are facing increasing pressure due to declining high street footfall, with online purchases now making up 36% of all UK retail spending.
- High street footfall is declining, impacting estate agencies.
- Council parking policies and out-of-town retail developments are contributing factors.
- Online purchases account for 36% of all retail spend in the UK.
Estate agency owners are experiencing mounting pressure as high street footfall continues to decrease. This decline is attributed to factors such as council parking policies and competition from out-of-town retail developments.
The shift in consumer behaviour is evident, with online purchases now making up 36% of all retail spending across the UK.