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Investing.com -- UK house buyer demand in June turned positive for the first time since December 2024, according to a report from the Royal Institution of Chartered Surveyors (RICS) on Thursday.
The net balance for new buyer enquiries rose 3% in June, marking a significant improvement from May’s minus 22%.
Despite this positive shift, RICS indicates this represents a period of stabilization rather than a strong recovery in the housing market.
The national net balance for agreed sales also showed substantial improvement, reaching minus 3%.
This figure represents a notable change from the minus 25% and minus 28% reported in previous surveys.
While these indicators suggest some positive movement in the UK housing market, RICS notes that sales momentum is expected to remain subdued in the near term.
The report highlights that challenges persist for both buyers and sellers in the current market environment.
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