Market comment

Latest RICS Residential Survey signals further recovery in UK housing market

DAVY VIEW

The July Royal Institute of Chartered Surveyors (RICS) Residential Survey points to a further recovery in the UK housing market. Of specific support, not surprisingly, was the stamp duty holiday that was announced during the month. In Europe, industrial production rose in June but remained well below the level of a year ago. Ireland was the notable outlier in this regard. It is a relatively quiet day for economic releases and attention will remain focused on the latest COVID-19 rates around the globe.

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Aug 13 2020, 08:35 IST/BST

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