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Real estate agents' expectations for change in residential real estate demand UK 2020

The RICS Residential Market Survey examines the state of the residential real estate market in England. In just a few months, after the first measures to contain the coronavirus (COVID-19) kicked in, real estate agents started anticipating shifts in the demand for properties with various features. According to more than two in three respondents, in the next two years, people will be looking to buy more properties with greater private space, located near a green area, with gardens and balconies. Demand for properties in highly urban areas, on the other hand, is expected to decrease.

Do you anticipate any shift in the desire for properties with the following features over the next two years?

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Sources

Release date

June 2020

Region

United Kingdom

Survey time period

May 2020

Number of respondents

237 responses, covering 444 branches

Special properties

monthly sentiment survey of Chartered Surveyos who operate in the residential sales and lettings markets

Method of interview

Panel survey

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Statistics on "Real estate in the United Kingdom"

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