Builders Merchants Journal – BMJ Publishing to Builders Merchants and the UK merchanting industry for more than 95 years
Enquiries to buy new houses fell in October for the fifth month in a row, according to the latest RICS housing market survey.
And instructions to the market dropped sharply for the first time since January.
The RICS blamed continued mortgage challenges and a cautious attitude for the drop in new enquiries. Survey respondents say that many buyers are indicating that they are going to wait until the Spring to make a decision on moving or not.
