Blog Post

Covid-19: Agents’ view of the market – Improvement in overall sentiment

Rebecca Galgut Jun 30, 2020, 11:00 AM

The May Sentiment Survey by Royal Institution of Chartered Surveyors (RICS) gauging the mood of agents, showed improvement in overall sentiment, mirroring the Dataloft Demand Index.

The sales market measured by new instructions, new buyer enquiries and newly agreed sales, shows improved sentiment in May following a large decline during lockdown.

Price expectations have improved since March but agents still expect falls over the next 12 months. Sales expectations turned almost neutral in May, and agents expect sales to pick up in the next 12 months.

The RICS survey did not report any meaningful changes to activity in Scotland, Wales and Northern Ireland. However, these results show what is to be expected when the residential market reopens.

Load more comments
Thank you for the comment! Your comment must be approved first

"Letting through Peter Anthony has been a great experience"

- Gus Beech

"I deeply appreciate Peter Anthony Estate, especially Abbey, who works here."

- Delar

"Abbey was very polite, helpful and informative, very professional."

- Robert

"I would highly recommend Gill and the team"

- Isabelle

"Yaseen has been fantastic very helpful and good communication all the way through"

- Kate Dawson

"A great company and great experience."

- Andrew

"I honestly can’t sing the praises of the Liverpool branch any higher"

- Phoebe

"I found Sean to be an understanding and friendly guy"

- Mike