Royal Institution for Chartered Surveyors (RICS)
May comes in at -32%, 10 year low.
expected -24%, prior -22%
RICS Chief Economist Simon Rubinsohn:
- sales that were in the pipeline before the lockdown were now largely going through. "But it remains to be seen how sustained this improvement will prove"
- "For the time being respondents to the survey see the trend in transactions being broadly flat."