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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Housing market in Wales continues to grow as three Welsh towns see prices jump by more than 25%

House prices in Wales are continuing to rise but the cost of living crisis has seen enquiries and sales curtail, according to a new report.

The latest Royal Institution of Chartered Surveyors (RICS) survey reported demand and sales fell in the housing market in Wales during June, with expectations muted for the next few months.

The residential market survey found that net balances of new buyer enquiries were at -23 and newly agreed sales were at -5, indicating that fewer potential buyers were seen in the market during June compared to May and fewer sales were going through.

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