Demand stabilising but prices set to remain firm

Posted on Monday, October 18, 2021

  • Buyer demand is stabilising according to the latest edition of the RICS Residential Survey.
  • At a national level the new buyer enquiries indicator posted a net balance of zero in September, a sign of stable demand.
  • For the third consecutive month the volume of newly agreed sales fell back, a net balance of agents (-15) citing a decline.
  • Sales volumes are expected to remain stready throughout the final quarter of 2021, a continued shortage of supply sustaining pressure on prices. Source: Dataloft, RICS