Continuing a prevalent trend; new buyer enquiries, new
instructions and newly-agreed sales continued to drift lower in February. New
buyer enquiries fell for an eleventh successive month with 16% more respondents
seeing a fall rather than rise in enquiries. Meanwhile, the number of agreed
sales also remains slightly negative (net balance -17%), similar to figures
seen over the last six months. There continue to be significant regional
variation in the results however, and new buyer enquiries continued to increase
(taking a three-month average) in Scotland, Northern Ireland and Yorkshire and
Humberside in February. Read more on the RICS website.
Housing market racism persists despite ‘fair housing’ laws
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In the US, where homeownership speaks to class, African Americans are being
denied mortgages at rates much higher than their white peers
As a new year be...
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