‘Muted conditions are likely to persist over the coming months’ – RICS

'The optimism seen earlier in the year has largely faded,' says the RICS, as resi market activity slows.

'June’s survey results offer some cautious encouragement that the worst of the slowdown in market activity may be beginning to pass,' says Head of Market Research & Analysis Tarrant Parsons.

Metrics on property prices, buyer demand & agreed sales volumes all declined in May, but not as fast as in previous months.