Residential Property Review – August 2023 

Demand down but activity remains robust  The residential sales market experienced further negative indicators in July, according to the latest UK Residential Survey by the Royal Institution of Chartered Surveyors (RICS), with new buyer enquiries and agreed sales volumes continuing their decline.  At the national level, new buyer enquiries recorded a net balance of -45% […]

Commercial Property Review – August 2023

Higher interest rates dampen investment  The results of the Q2 2023 RICS UK Commercial Property Monitor point to a renewed setback for the commercial property market, with an upward shift in interest rate expectations weighing on investor demand and placing downward pressure on capital values.   The survey shows a clear majority of respondents (68%) are […]

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