Residential Market
-
Global prime residential prices set to increase next year
Global prices are forecast to rise by an average of 2% in 2024
-
Fewer buyers chasing homes
Number of would-be homebuyers leaving details with agents has fallen, says RICS
-
Expect a lift for resi deals on greater confidence
A wealth of pent-up activity has the confidence to move forward following December’s election result
-
Resi returns slows as central London sees values fall
Residential market lets returned 2.8% in 2016, according the IPD/MSCI UK Residential Index, against the 3.9% returned by commercial property
-
Resi supply gap slows transactions
The latest RICS UK Residential Market Survey has highlighted the shortage of supply for both lettings and sales