US EditionHousing market weakens as buyer demand and sales slip back, say surveyors
- Home buyer inquiries and house sales decreased in August, according to the Royal Institution of Chartered Surveyors .
- A net balance of 24% of property professionals observed a decrease in transactions, up from 17% the previous month, Rics reported.
- In the lettings market, 37% of professionals noted a decline in landlord instructions, the steepest drop since April 2020, according to Rics.
- Tarrant Parsons from Rics noted that the housing market is affected by ongoing uncertainty over economic and fiscal outlooks and high inflation.
13 Articles
13 Articles
Evening Standard
Housing market weakens as buyer demand and sales slip back, say surveyors
Concerns over the wider economic and fiscal outlook and interest rates were affecting sentiment, the Royal Institution of Chartered Surveyors said.
House sales fall and new buyer enquiries dip: Rics – Mortgage Finance Gazette
There has been a continued slowdown in house sales, and new buyer enquiries have fallen for a second straight month, according to the latest Rics Residential Market Survey for August. The consensus view among respondents for the year ahead has turned largely flat. Looking at… The post House sales fall and new buyer enquiries dip: Rics appeared first on Mortgage Finance Gazette.
Buyer demand and sales fall as house prices dip
The August 2025 RICS Residential Market Survey found sales activity continued to slow, with most parts of the UK showing a drop in new buyer enquiries. The net balance for new buyer enquiries fell to -17%, down from -7% the previous month, showing demand weakening further. Agreed sales also dropped, with the net balance slipping to -24% from -17% in July. Forward-looking sentiment stayed flat, with the net balance for expected sales over the …
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