Negative outlook according to RICS

Posted by On April 11, 2019 0 Comment
The Royal Institute of Chartered Surveyors reports the eighth consecutive month of falling enquiries, the average UK property taking 19 weeks to sell and prices predicted to go into a modest decline over the next six months. Vendors are watching the market and thinking hard about whether they really need to move, with a record low of 42 available properties per branch. Brexit uncertainty is named as a major factor, with yesterday’s news presumably doing little to stimulate the market.