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UK Housing Market gets Boris Bounce

Friday, 17th January 2020
News | Surveying

The recently published RICS Residential Market Survey has found that the Conservative’s December election victory is now translating into positive effects. In its report,  17% of RICS members reported rises as opposed to falls in buyer enquiries. In addition to this, 31% of members expected transactions to rise over the next quarter. 61% of members expect price rises in 2020

An even stronger figure in judging the market strength is the number of agreed sales increasing by 9% across the UK and a whopping 22% in London and 23% in the South East.

Whilst December brought optimism and predictions, these figures now support the notion that the Boris Bounce is real.

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Samuel Foltin
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Chris
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