Home-buyer inquiries rise for first time this year

The June survey by the Royal Institution of Chartered Surveyors (RICS) signals a shift in the UK housing market, as buyer demand moved out of negative territory for the first time since December 2024. A net balance of 3% of property professionals reported an increase in new buyer inquiries - an improvement from the 22% decline noted in May. Tarrant Parsons, RICS head of market research and analysis, commented: "The UK residential market appears to be entering a more settled phase, with demand showing signs of stabilising." However, sales momentum is expected to remain muted, with a flat outlook for transaction volumes over the next year. While house prices continue to decline slightly - particularly in the South East and London - regions like Northern Ireland are seeing modest growth

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