UK Residential Market Survey, May 2025 (published 9th June 2025).
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.
