What is the UK Residential Market Survey?

The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.

In September, Navah Consulting is delighted to welcome Stephen King to the team.

Stephen joins us as a Surveyor, bringing with him nearly two decades of experience as a Quantity Surveyor on major construction projects across London and the South East before moving into residential building surveying.

As an AssocRICS member and RICS Registered Valuer, Stephen combines strong technical knowledge, commercial understanding, and practical project expertise to deliver clear, reliable advice for our clients.

His work spans residential surveys and formal valuations, helping homeowners and investors make confident, well-informed property decisions.

Stephen’s background and client-focused approach make him a valuable addition to the Navah team, and we’re excited to see him offer a range of RICS Home Survey Level 2 and RICS Home Survey Level 3 services as well as RICS Valuations in Hertfordshire, Essex and Cambridgeshire.

We're always striving to deliver exceptional service, and we're always grateful to our clients who have taken the time to share their experiences. Take a look at our recent examples.

What is the UK Residential Market Survey?

The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.

What is the UK Residential Market Survey?

The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.

We're always striving to deliver exceptional service, and we're always grateful to our clients who have taken the time to share their experiences. Take a look at our recent examples.

What is the UK Residential Market Survey?

The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.

Sales market activity appears to stabilise, with near-term expectations for sales volumes turning marginally positive

• Indicators on buyer enquiries and agreed sales turn from negative to neutral

• House prices still display a flat/marginally negative trend at the aggregate level

• Near-term sales expectations brighten somewhat over the month

The June 2025 RICS UK Residential Survey results point to a steadier picture for sales market activity, with measures of buyer demand moving out of negative territory for the first time in several months. Furthermore, sentiment regarding the near-term outlook for sales volumes has turned marginally positive, albeit momentum is still expected to remain quite subdued over the months ahead.

What is the UK Residential Market Survey?

The UK Residential Market Survey is used by the government, the Bank of England and other key institutions, including the IMF, as an indicator of current and future conditions in UK residential sales and lettings. It is covered extensively in the media and is the leading source of market intelligence, highly regarded both by investors and across the industry.

Sales market momentum remains relatively soft, although sentiment on the near-term outlook turns less downbeat

• Buyer demand and agreed sales still struggling for momentum

• House prices largely flat at the headline level

• Near-term expectations point to a more stable picture coming through in months ahead

The May 2025 RICS UK Residential Survey results continue to signal a generally soft market backdrop at present, as indicators on buyer demand and sales activity remain negative for the time being. Notwithstanding this, near-term expectations now sit in broadly neutral territory, suggesting conditions may stabilise over the next few months.

We're always striving to deliver exceptional service, and we're always grateful to our clients who have taken the time to share their experiences. Take a look at our recent examples.

Navah Consulting was formed in 2018, to provide clear, honest and practical property advice without the jargon. Since then, we’ve grown steadily, both in the number of surveys completed and the relationships we’ve built, but the core mission remains the same: straightforward, reliable surveying services that put our clients first.

Market conditions weaken amid an increasingly challenging macro backdrop

• Buyer enquiries and agreed sales indicators move deeper into negative territory

• House prices largely flat at the headline level

• Near-term expectations now consistent with a weaker outlook for activity

The March 2025 RICS UK Residential Survey results signal a further deterioration in sales market conditions, with both domestic and global macroeconomic concerns seemingly starting to weigh more heavily on sentiment. In keeping with this, respondents have turned increasingly cautious on the near-term sales outlook, even if twelve-month expectations are still mildly positive for now

Market conditions weaken amid an increasingly challenging macro backdrop

• Buyer enquiries and agreed sales indicators move deeper into negative territory

• House prices largely flat at the headline level

• Near-term expectations now consistent with a weaker outlook for activity

The March 2025 RICS UK Residential Survey results signal a further deterioration in sales market conditions, with both domestic and global macroeconomic concerns seemingly starting to weigh more heavily on sentiment. In keeping with this, respondents have turned increasingly cautious on the near-term sales outlook, even if twelve-month expectations are still mildly positive for now

Sales market activity softens slightly over the month

• Measures of new buyer enquiries and agreed sales turn mildly negative

• House prices still rising at the national level, but momentum appears to be moderating

• Near-term expectations point to a further (gentle) softening in sales market activity over the months ahead.

The February 2025 RICS UK Residential Survey results are indicative of a modest slowdown across the sales market, with concerns over interest rates, inflation, and global events appearing to dampen buyer confidence somewhat. Moreover, the impending stamp duty deadline on the 1st of April is likely distorting the underlying demand picture at present, as well as contributing to uncertainty around the outlook for activity in the months ahead.