Price increases prompt drop in housing market activity
Yorkshire and Humber’s housing market lacked momentum in September, as demand from new buyers and sales fell, while the shift in interest rate expectations contributed to buyer caution slowing the market.
According to the September RICS UK Residential Market Survey, last month, surveyors in Yorkshire and the Humber did not report any rises in demand from would-be buyers, and alongside this only 1% of respondents reported an increase in agreed sales.
The survey revealed that weakness in sales transactions was widespread across... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
