09-07-2025
UK Homebuyer Demand Rebounds to a Six-Month High, Index Shows
A closely watched gauge of demand from potential British homeowners climbed to its highest level in six months, a signal that the real estate market is starting to stabilizing from a tax-increase induced slowdown that's weighed on house prices.
The Royal Institution of Chartered Surveyors said its index tracking new buyer inquiries rose to +3 in June, indicating the number of estate agents seeing higher demand outnumbered those reporting a drop, figures released Thursday showed. It was the first positive reading since December and a sharp jump from -22 in May.