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Property Industry Eye also offers a forum for discussion and debate of the topics of the day, fostering a community of professionals who can exchange ideas and insights. Recent data from TwentyEA, part of the TwentyCi group, reveals that the UK housing market is displaying a reassuring resilience, despite economic challenges such as rising mortgage rates and inflation. New instructions in July 2023 have reached a four-year high, with sales agreed also remaining robust.

While demand has decreased compared to the previous year, it is important to note that 2022 was an exceptionally busy market. Stock levels have improved across various price brackets, although shortages persist under £350,000 due to a lack of new homes under construction. Overall, the market's performance demonstrates resilience and suggests that speculation about a decline may have been overstated