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Residential Property Market Review – August 2020

Posted on 27 August, 2020

House price recovery continues July saw house prices enter positive territory for the first time since March, with a net balance of 12% of respondents to Royal Institution of Chartered Surveyors (RICS) July UK Residential Market Survey reporting an increase, against -13% in June. Meanwhile, Halifax reported a ‘mini-boom’ in house prices. Russell Galley, Managing […]

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Economic Review – July 2020

Posted on 11 August, 2020

UK ECONOMY RECOVERING Although recent data has confirmed that the UK economy is recovering from its coronavirus lockdown slump, the longer-term outlook (unsurprisingly) remains decidedly unclear. Official data released by the Office for National Statistics (ONS) showed that the UK economy grew by 1.8% in May, following April’s record 20.3% contraction. While this modest rebound […]

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Residential Property Market Review – July 2020

Posted on 28 July, 2020

UK housing market shows initial signs of recovery The number of prospective home buyers bounced back ‘noticeably’ in June, as did enquiries, agreed sales and instructions, according to the latest UK Residential Market Survey from the Royal Institution for Chartered Surveyors (RICS). While the impact of lockdown is clearly still being felt, with 12-month sale […]

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