From the Blog

‘12-month workload expectations remain positive but slightly softer’, one of the headlines from the RICS UK Construction Monitor released in early May

May 27, 2025

Considering some of the economic shock waves the Global markets have had to sustain over the past weeks, I am encouraged that my industry is experiencing a positive outlook. This is supported by growth in infrastructure investment, with investments in sustainable energy projects driving those numbers as well as a continued upbeat sentiment in employment numbers.

This is echoed in another substantial report produced by my previous employers, CBRE with more positive results from the Residential sales sector.

The outlook for residential sales has improved significantly, supported by the continued reduction in mortgage rates, and is expected to continue throughout 2025. Across the UK, CBRE are forecasting a return of volumes to the average of 1.2m, which also includes a modest increase in house prices.

Most of the estate agents I speak to in residential sales are in agreement that, depending on where you live, will determine the increases in house prices, the north of England is seeing stronger growth than London and the South East.

If you keep updated with the reports from Rightmove, you will also know that average house prices hit an all-time record in May 2025 at just below £380,000, but stock levels are at an all-time high too. That’s good news for current buyers; however, sellers may feel the pressure to negotiate, bringing that record back.

With Stock levels at record highs, why not conduct a seller’s survey and place your property in the best position to get a quicker sale and optimise the price?

We can provide you, the seller, with an independent Level 3 survey you can share some of the details with your agent and potential buyers.