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Evening Standard
Evening Standard
Business
Mark Banham

London house purchase enquiries up despite national downturn

London seems to be weathering the property storm (David Cheskin/PA)

(Picture: PA Wire)

London seems more resilient to the creeping downturn in the house sales market with an upturn of 7% in property enquiries last month in comparison to a 27% downturn across the UK, according to June figures from the Royal Institute of Chartered Surveyors (RICS).

An easing in demand from new buyers has seen the volume of sales over the month dip for the second time nationally with 13% fewer respondents reported a fall in newly agreed sales.

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