Market comment

RICS survey still points to buoyant house price inflation


This morning’s Royal Institution of Chartered Surveyors (RICS) survey shows the UK housing market clearly suffering a hangover from the end of the stamp duty holiday in terms of transactional activity, with agreed sales down for a fourth consecutive month, but not in terms of pricing. The limited pool of homes listed for sale is still creating competition amongst buyers, with the price balance still elevated at +68% and 12-month price expectations at +71%.

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Oct 14 2021, 08:15 IST/BST