Positive Outlook for Property Market – RICS Survey
Surveyors reported a steady improvement in buyer demand across the residential market in November. This signals good news, but they also warn that the broader macro environment might bring some challenges moving forward.
In a report, surveyors noted a dip in home-buyer demand last month, although most other market indicators are on an upward trend from last year’s low-point.
The property market got a bit sunnier in July, according to surveyors. They are feeling more upbeat about the sales market than they have been since January 2020.
Though the market is expected to stay weak for a while, a bit of positivity is always welcome. These insights from surveyors provide a snapshot of the current real estate landscape.
Overall, surveyors expect some stability to return to the market despite ongoing fluctuations in buyer demand. This information can be helpful for those navigating the real estate market, offering valuable insight into its current state and what might be expected in the future.
