House Sales Fall At “Fastest Ever Rate”

Estate agents’ sales expectations have fallen to their lowest ever level according to the monthly housing market survey undertaken by the RICS. The body said agents’ expectations of sales growth in the next three months had fallen to -92% - meaning 92% more surveyors thought sales would fall than would rise - a lower figure than in the depth of the financial crisis and the lowest since the metric was first recorded in 1998. New enquiries, new vendor instructions and newly agreed sales all fell to record lows. Read more on the Housing Today website.

https://www.housingtoday.co.uk/news/house-sales-fall-at-fastest-ever-rate-says-rics/5105484.article