There seems to be a noticeable flurry of activity since the ease of lockdown measures. This could suggest UK activity could start to rise gradually, albeit still only by a fraction of existing capacity. The investment market remains in price discovery mode as it tries to digest the lockdown's wide-ranging ramifications.
- UK GDP fell by 2% in the first quarter of this year, the largest fall since the final quarter of 2008.
- The investment market remains on hiatus, with very little transaction activity. Property Data has tracked just under £4bn of volume since the start of lockdown.
Click to read UK Economic and Real Estate Briefing - May 2020
