Colliers residential data shot

Colliers International has released its latest Residential Data Shot, featuring up-to-date commentary of the resi market in the UK.

The snapshot reveals that:

* London continues to defy the rest of the UK housing market trends, which point towards weakening house prices and falling sales transaction volumes.

* Vendor asking price expectations continue to be unrealistic in the current market.

* Changes to the REIT regime in the March budget could pave the way for more institutional investors to enter the housing market through multiple and large-scale purchases.

July 11 Resi