The Economy and Property Market Update is a new quarterly assessment of key macro, real estate and construction trends. It is designed to provide a concise summary of both recent market newsflow and expectations.
The economy is set to grow by somewhere between 5 and 7.5% this year creating a generally favourable environment for real estate as interest rates remain at rock bottom levels into 2022.
Structural challenges will continue to depress some parts of the commercial property market but investment activity elsewhere will gain further momentum.
Private housing and infrastructure will lead the acceleration in output growth in the construction sector.
Our professionals' input makes RICS surveys leading indicators in the industry. Taking part is quick and simple, and you receive full accreditation in our reports.
Completing each survey and reading the report can count as 30 minutes of informal CPD; regular participation can add up to 6 hours of Informal CPD each calendar year.