Buyer enquiries fall for the first time since February, says RICS

for sale

Report uncovers sales drop as stamp duty holiday winds down

A four-month run of growth in home buyer enquiries has come to an end as the government’s stamp duty holiday begins to wind down, according to the Royal Institution of Chartered Surveyors (RICS).

New buyer enquiries shrank in July with a net balance of -9% of respondents to the RICS’ latest residential market survey seeing a fall, down almost 20% from June’s balance of +10%.

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