RICS latest reported has surveyors suggesting the lack of momentum in the property market will continue with political uncertainty.

Key Findings

• Demand for housing remained negative for the eighth successive month in March.
• The slowdown is no longer localised with falls in demand of some extent now being seen across all parts of the UK.
• 15% more respondents anticipate house prices will be higher in twelve months’ time, the strongest reading since August 2018.
• Prices are also expected to return to growth across most areas over the coming twelve months
• London and the South East are the only areas where it is expected that prices will continue falling over the year ahead.