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Estate agents look forward to bumper year

Estate agents are expecting to sell more homes at higher prices this year, says RICS.

It’s monthly survey of estate agents, undertaken in December, showed a rise in reported sales for the first time since May 2019, but also a belief that prices and volumes would rise across the UK in 2020.

A balance of 66% of members surveyed said they expected a rise in sales.

Buyer demand, measured by the number of new enquiries, has also risen, with 17% more Rics members reporting a rise than a fall. That figure stood at minus 5% in November.

The FT (£)

The Times (£)

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