Royal Institution of Chartered Surveyors (RICS) report for March 2025:
House Price Balance +2, weakest since Auugust 2024
The measure of new buyer enquiries fell to its lowest since September 2023 at a net balance of -32 in March, down from-16 in February.
RICS chief economist Simon Rubinsohn on the lowering of the price threshold at which homebuyers become liable to pay the property purchase tax known as stamp duty
"The expiry of the stamp duty break was always going to lead to a pause in activity in the sales market. However, the latest results ... suggest that the shift in sentiment has been aggravated by the slew of negative macro newsflow over the past few weeks" This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about uk data shows house buyer demand in march hitting its lowest since september 2023 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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