UK home buyer inquiries remained flat in April due to affordability issues, per RICS survey.

UK home buyer inquiries remained flat in April due to affordability issues, following a three-month increase, according to a Royal Institution of Chartered Surveyors (RICS) survey. This is attributed to an imbalance between demand and supply in the market, with new instructions continuing to decline. Additionally, affordability constraints are affecting the lettings market, leading to a more modest pace of rental growth.

May 08, 2024
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