Every year we ask a cross-section of leading UK real estate professionals for their views on the market.
This year we polled 270 experts, including 62 investors and 54 developers. In many ways they share the outlook of the global investors we surveyed, with long-term confidence tempered by short-term concerns.
Overall, 38% reported feeling optimistic about the market, while 34% describe themselves as neutral and 28% are pessimistic.
Although positive, this take on the market is unsurprisingly more cautious than the one we found 12 months ago, with sentiment falling back to levels last seen at the beginning of the pandemic as the more bullish outlook of the past two years recedes.