Blog Post

Agents' view of the sales market

TomS - Head Tom Simper Oct 15, 2020, 10:15 AM

178_Dataloft_inform_Insight

The RICS September survey, gauging the moods of agents continues to point to a strong upturn in the sales market. New buyer enquiries, new instructions and newly agreed sales remain firmly positive.

In September a net balance of +52% of agents reported an increase in new buyer enquiries, the fourth consecutive positive reading, albeit lower than previous months. Newly agreed sales also continues to be positive, +55%, rising across all parts of the UK.

+39% of agents reported an increase in new instructions, this is the longest stretch of rising supply since 2013.

Agents still foresee sales volumes weakening further ahead, the twelve month sales expectations have become more negative with -35% of agents expecting a decline. 12 month price expectations are more positive, +20% of agents expect an increase. Source: Dataloft, Royal Institution of Chartered Surveyors

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

"The Liverpool team are friendly, professional, and provide a great value service."

- Jacquie

"I would highly recommend Peter Anthony to anyone looking to purchase a property."

- William

"Couldn’t recommend higher!"

- Laura

"Dewi worked promptly and professionally to rent two flats."

- Jerry

"In the liverpool office everything is so organised wouldn’t hesitate to let or sell my property with them."

- Styleous

"Professionalism, Responsiveness"

- Jade

"Excellent service, Greg was really professional, helpful as well as always being really friendly."

- Jay Mac

"I had a brilliant experience with your agent Anne-Marie."

- Pippa