Housing market shrank in January, says RICS

for sale sign (2)

The institution’s monthly survey finds demand and sales falling for first time since first lockdown

Housing market activity moved decisively into decline last month due to concerns over the pandemic and the imminent end of the stamp duty holiday, according to the latest figures from the RICS.

The institution’s monthly housing market survey showed that its indices measuring demand, listings and lettings all fell into clear decline in January following seven months of strong growth since the initial easing of the spring lockdown.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community