UK residential market experiences a slight upturn in August

The latest UK Residential Market Survey from the RICS out today headlines ‘Rebound in UK housing market following post-EU referendum dip’.

The UK residential market experiences a slight upturn in August.

According to the latest RICS UK Residential Market Survey for August 2016, it shows a pick-up in confidence, following a significant drop in activity and price expectations in the wake of the EU vote. At the national level, both prices and sales are expected to rise over both the three and twelve month horizons as activity in the market stabilises.

Read the RICS UK Residential Market Survey August 2016 in full click here

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Average 5-year fixed mortgage rate now above 5% for first time since January – Rightmove’s weekly mortgage tracker

Headlines The average 5-year fixed mortgage rate is now 5.02%, up from 4.56% a year ago The average 2-year fixed mortgage rate is now 5.41%, up from 4.84% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.93%, up from 4.52% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.52%, up from 4.23% a year ago The average monthly mortgage payment on…
Read More
Estate Agent Talk

Real Estate Lawyers: Who They Are and What They Do?

When you want to purchase or sell a property, the best course of action would be to seek help from professionals. Real estate transactions usually involve huge sums of cash, so the legal protocols are there to ensure your security and prevent you from falling victim to fraud. Hiring a real estate attorney is essential,…
Read More
Breaking News

Weekly News Roundup – 03/05/24

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of Contents Is Zoopla holding back the housing market? Will Yardi’s multi-million gamble on WeWork the former £37Bn Unicorn pay off? Nimbus report gives oversight on retail market post Covid   Is Zoopla holding back the housing market?…
Read More
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker – 02/05/24

Matt Smith, Rightmove’s mortgage expert said: “Next week’s Bank of England meeting will be quite key for setting the tone for mortgage rates leading into summer. An uneasy few weeks for the world economy has meant that there is still a lot of uncertainty around when we might see the first interest rate cut – and…
Read More
Estate Agent Talk

Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry

The real estate industry once literally hand-to-hand with traditional printed flyers and face-to-face meetings became digital-friendly after the revolution of technology. Among the key drivers of this transformation is the real estate app through which brokerages redefine the role they perform and the way they interact with clients. Streamlined Workflows and Increased Efficiency Gone are…
Read More
Breaking News

Breaking Property News – 02/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X. Is Zoopla holding back the housing market? Maybe it is me! and definitely me and my dog Zara do not think like most people, but – each month in the UK just 100,000 properties complete (exchange) and in the past decade this has been the…
Read More