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SLOWDOWN IN HOUSING MARKET DURING AUGUST
Daily Post
|September 11, 2025
A FURTHER slowdown was evident in the housing market in Wales during August according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, with the price balance at its lowest since January 2024 and surveyors remaining cautious about the outlook.
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A net balance of -24% of surveyors in Wales reported that prices fell over the past three months, after falling flat in the survey previous. This is also below the average UK net balance which sits at -19%.
The net balance measures the respondents reporting a rise in prices minus those reporting a fall (if 30% reported a rise and 5% reported a fall, the net balance will be 25.
Looking forward, surveyors in Wales are not optimistic on the pricing outlook as a net balance of -18% expect prices to continue declining.
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