Tuesday, October 20, 2020
Landlords

UK housing listings at record low

UK housing listings have hit a new record low, as new instructions continue to fall, according to new figures from RICS.

The shortage of supply is helping to hold up prices, although they are falling in London, according to the March 2017: UK Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS).

On average, there are just 43 properties per agency, the lowest since the RICS started collecting data in 1978. And respondents expect only a modest improvement as the year wears on, with 12 month sales projections being trimmed in the latest report.

Important:
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Leave a Reply

13 − five =