Survey shows housing market remains depressed with sales and prices falling in May
Britain’s housing market remains depressed despite a pick-up in enquiries from people looking to buy, but estate agents are expecting a sharp increase in demand for homes with gardens over the next two years because of the Covid-19 pandemic.
Despite estate agents being allowed to reopen in England on 13 May following an eight-week shutdown, sales and house prices continued to fall across the UK in May, according to a monthly survey of surveyors and estate agents from the Royal Institution of Chartered Surveyors (Rics).
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