The UK housing market continued to display a lack of
momentum in December, with buyer interest edging lower. Changes to Stamp Duty
for first time buyers are having little immediate effect, according to the
December 2017 RICS UK Residential Market Survey. Briefly;
§ 86%
of respondents report no response yet from first time buyers following changes
to Stamp Duty
§ Buyer
interest edges lower as sales and new instructions continue to decline
§ However,
the twelve-month outlook for prices and sales is more upbeat
Read more on the RICS website.
http://www.rics.org/uk/news/news-insight/press-releases/stamp-duty-change-to-have-limited-impact-as-new-buyer-interest-drop-further/
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