MARKET BEHAVIOUR “LITTLE CHANGED” AS BREXIT HEADWINDS REMAIN
The UK Commercial Property Market Survey for Q2, conducted by the Royal Institution of Chartered Surveyors, reports that demand is still solid across the industrial sector and that further growth in capital value is expected across both the prime industrial and office sectors over the coming year.
For full briefing click here. Property Market Review August 2019
EMPLOYMENT AT NEW RECORD HIGH
The latest batch of employment data released by the Office for National Statistics (ONS) shows that the UK labour market remains in robust health, with the total number of people in work rising to another high record.
For full briefing click here. Economic Review August 2019
A new era of renting – Build to Rent
A relatively new category in the rental market, Build to Rent, saw total investment of £2.6bn in 2018, an 11% increase from 2017 and it looks likely that this sector will continue to grow quickly.
Whilst home ownership remains an aspiration for many, figures show the private rented sector remains strong, growing from 3.7 million in 2009 to 5.4 million today, with many home-hunters choosing to rent long-term, often due to affordability and flexibility.
For full briefing click here. Residential Property Review August 2019