First-time buyer misery as house prices refuse to come down despite buyer interest slowing

Published by
City AM

By Michiel Willems House prices continue to move firmly upwards and are still expected to be higher in a year’s time, according to the Royal Institution of Chartered Surveyors (RICS) this afternoon. The numbers are somewhat surprising given that surveyors have seen the longest stretch of shrinking buyer demand in the housing market since the early stages of the coronavirus pandemic. A net balance of 25 per cent of property professionals reported new buyer inquiries falling rather than rising in July, marking the third month in a row of an overall decline. The RICS report said: “As such, this m…

Read More

See also  NH poll: Sanders surges into the lead, followed by Buttigeig, Biden as Iowa results still roll in

Leave a Reply