Estate agents conducting fewer appraisals than last year
Estate agents have been conducting fewer appraisals than a year ago, the RICS said this morning while the Land Registry has reported low volumes of house sales.
The RICS said that in May, more homes started to come on the market. However, it also reported declining buyer demand and flat sales.
The RICS said that although stock levels rose, the average number of properties per branch was 42.5 – which the RICS said was “still close to an all time low”.