Residential Property Review – July 2023 

RICS survey shows demand falling    Activity in the residential sales market deteriorated in June, according to the latest UK Residential Survey by the Royal Institution of Chartered Surveyors (RICS), with negative net balance readings returned across many indicators.  New buyer enquiries fell to a net balance of -45%, compared to -20% recorded in May, the […]

Commercial Property Review – July 2023 

Pricing uncertainty weighs on the market  Savills recent ‘Market in Minutes’ review of the UK commercial property market has highlighted that pricing uncertainty has intensified due to a combination of fewer assets coming to market and transactions taking longer than usual, in what they describe as ‘a relatively volatile market environment.’  With interest rates elevated, […]

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