Strong demand for homes continues

We examine the current strong demand across the sales and rental markets

A net balance in demand of +64% was reported by survey participants for renter demand. This is the strongest result since 1999.
In the sales market, participants recorded a net balance of +16% for new buyer enquiries, up from +9% in December. This is the strongest figure since May 2021.
Conversely, supply of properties (new instructions) remains constrained in both the lettings and sales markets and will continue to put pressure on prices.
Source: Dataloft, RICS (net balance of survey participants).
The RICS net balance score is calculated by the proportion of survey respondents reporting a rise minus those reporting a fall in the given indicator.

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What the July Property Market Numbers Mean for Attleborough Homeowners

National headlines can paint a confusing picture of the property market, but the latest July figures reveal a more balanced story. While sales have eased compared with last year, activity remains well ahead of 2023. So what does this mean for Attleborough homeowners thinking of moving in today's more selective market?

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