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Estate agents growing more pessimistic about the property market
Estate agents have become more negative about the long-term future of the property market, even as prices and activity soar during the “mini-boom”. Those polled by the Royal Institution of Chartered Surveyors said buyer inquiries, agreed sales and new listings continued to rise in September. The number of properties on […]
Agents warn of a bubble in frenzied country property market led by fleeing Londoners
Coronavirus has brought a dramatic change. Fiona Pengelly of Strutt & Parker estate agents in Salisbury said: “Since the market reopened, I have sold a third of our stock off market in excess of guide price.” One property listed for £2m sold for £200,000 over asking; another buyer offered to pay an […]
Buyers return to the property market, but this bounce could be short-lived, warn estate agents
Property demand has risen sharply as buyers return to the market, but this short-lived bounce will not be enough to stop house prices falling, estate agents have warned. A survey by the Royal Institution of Chartered Surveyors showed that agents were the most pessimistic about house price growth since 2010. […]
Estate agents scramble to deal with soaring inquiries after surprise reopening of property market
Zoopla, the property portal, says that consumer demand is up 130pc compared to the last four weeks, while Jonathan Cunliffe, who sells dream beachfront homes in the priciest areas of Cornwall, says that inquiries have been rising for the last three weeks. The Government has calculated that the moves of […]