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UK Housing Market Remains Subdued with Weak Demand, RICS Reports

The UK property market shows limited recovery, with buyer demand and agreed sales unchanged in July, according to the latest RICS residential market survey.

  • Buyer demand and agreed sales remained unchanged in July.
  • New buyer enquiries recorded a net balance of -28% in July, matching June's figure.

The UK property market continues to exhibit limited signs of recovery, with buyer demand and agreed sales holding steady in July. This is according to the latest residential market survey from the Royal Institution of Chartered Surveyors (RICS).

New buyer enquiries registered a net balance of -28% for July, a figure that mirrors the previous month's performance in June.

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