Housing market stalls but agents remain optimistic

A Royal Institution of Chartered Surveyors (RICS) poll found that agreed sales and inquiries from new buyers were flat in January compared to December. The proportion of agents reporting an increase in new buyer enquiries has fallen in each of the past five months, suggesting "demand growth has lost impetus" since last summer. However, estate agents and surveyors remain more optimistic for prospects further ahead, with most believing sales will pick up over the spring, partly inspired by further potential interest rate cuts. House prices rose again in January, with prices forecast to remain fairly flat over the coming months. 

Financial Times (12/02/2025)   The Times (12/02/2025)