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The latest Rics UK Residential Survey continues to reflect a generally weak market backdrop, with indicators on demand, sales, new listings, and house prices all negative. The survey for March 2023 suggests this pattern will remain in place in the near term amid the tighter lending environment. House prices are still ....
A freeze on rents for private tenants will be replaced by a 3% rent cap for at least another six months, the Scottish government confirms today (19 January). The administration, led by Scottish First Minister Nicola Sturgeon, says that rent rises by landlords will be curtailed and forced evictions will continue to ....
The housing market ended 2022 with buyer demand falling for the eighth month in a row, according to surveyor’s body Rics, which it says points towards activity “remaining on this downward trend over the coming months”. The net balance reading for new buyer enquiries came in at -39% in December down marginally ....
Overall activity continues to weaken across the sales market, with higher interest rates and a difficult macroeconomic outlook both taking their toll on buyer sentiment, the latest Rics UK Residential Survey results reveal. The latest survey found that rising demand and falling supply have sent rental prices upwards. ....