It's the RICS's monthly swellness index, and it's a little ambiguous. Few agents were feeling bad and reporting falling prices in July than in June, and there have been increased buyer enquiries for the third month running. Swell. Except actual sales per agency dropped to their lowest since records began in 1978... each office is currently shifting less than five properties a month. Of course, the question is... what effect Stamp Duty uncertainty? More here and here.

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