Blog Post

Demand stabilising but prices set to remain firm

Gill - Head Gillian Bell Oct 18, 2021, 10:30 AM

Buyer demand is stabilising according to the latest edition of the RICS Residential Survey.

At a national level the new buyer enquiries indicator posted a net balance of zero in September, a sign of stable demand.

For the third consecutive month the volume of newly agreed sales fell back, a net balance of agents (-15) citing a decline.

Sales volumes are expected to remain stready throughout the final quarter of 2021, a continued shortage of supply sustaining pressure on prices. Source: Dataloft, RICS

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