The March 2020 RICS UK Residential Market Survey results highlight that despite the first few months of the year showing a marked pick-up in market activity, this month, as agents and the market go into lockdown, will have a significant impact on the outlook for the rest of 2020. See a summary below or go to downloads on this page and grab a full copy of the report.
Mark Hayward the Chief Executive of NAEA Propertymark, one of the two key professional bodies regulating estate agency in the UK, spoke on an industry webinar on Tuesday 14th and informed agents watching that the government are already looking at how they can help the housing market recovery.
Many people are wondering how the property market will fare in the coming weeks, months and years. Although we don’t have the answers to those questions, we can make some general comments and observations.
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In these unprecedented times, our thoughts go out to everyone affected by the measures put into place in order to contain the outbreak, and we want to assure you that we will as necessary adjust our working practices to ensure the continued successful marketing and sale of your property. We wanted to let you know about the steps we are taking in continuing to service our clients and the community we have served for over 220 years.
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