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.