Good News Friday!

At Larkfleet, we understand that after all the post EU Referendum talk, many people could be feeling a little apprehensive when it comes to making that new housing move. 

 

However, we are delighted to read in the press that confidence is starting to recover in the housing market, according to the latest UK residential Market Survey by RICS. 

The August 2016 survey shows a pick-up in confidence, following a significant drop in activity and price expectations in the wake of the EU vote. 

At the national level, both prices and sales are expected to rise over both the three and twelve month horizons as activity in the market stabilises. 

Following a couple of months in which sales declined sharply in the aftermath of the referendum, volumes stabilised during August and sales expectations improved noticeably, posting the strongest reading since February and furthermore, sales projections at 12 months have now climbed out of negative territory across all areas of the UK.

It's great to feel an air of confidence in the housing market again. We never doubted it for a minute!