Company Tag: RICS

The UK property market is an 'increasingly mixed picture'

Residential property market activity is "faltering", says the Royal Institute of Chartered Surveyors, as price growth slips to its lowest level since 2013

New lows for price rises and stock levels - and the trend is likely to continue

New buyer enquiries, new instructions and agreed sales all fall in May

New instruction numbers continue to fall as demand stagnates

"The lady is for turning" after all, says Trevor Abrahmsohn

Estate agents now hold an average of just 43 unsold properties on their books per branch

But prices in the capital continue to fall, as national property price inflation continues its "modest growth"

RICS poll puts average sector-wide base salary at £52,362 as gender pay gap widens to over £11,000

Rent rises to outpace property price inflation over the next five years

Proposals to get more homes built faster and to boost the private rented sector are good, but are they enough to "fix the broken housing market"?