UK Estate Agents market was able to maintain growth as it continued its trajectory of year-on-year increases, but market conditions and evolving consumer behaviour have forced structural changes.
Albany, NY -- (SBWIRE) -- 01/05/2018 -- The estate agents sector in the UK continues to be influenced by uncertainties over the Brexit, however, it also continues to post steady gains, according to a new research report added to the repository of Market Research Hub (MRH). The report titled "Estate Agents - UK - December 2017" offers comprehensive information and analysis on the key driving and restraining factors in the UK estate agents market. According to the report, concerns about Brexit, growth of online portals, and decreasing house owing capability are some of the key factors that are having an impact on the estate agents market in the UK.
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The report is a source of quantitative and qualitative information that offers readers detailed information on the various avenues of the estate agents sector in UK. In addition to offering market segmentation on the basis of commercial and residential real estate agents, the report also gives statistics on proportion of the rented property for the period 2006-2016. The consumer activity related to finding an accommodation and the methods employed to do have also been discussed in detail in the report. The likelihood of future activity, combined with the key motivating factors that entice consumers into taking action have also been mentioned in the report. Among the chief market trends, surging popularity of online property portals, combined with broadened regional scope are influencing the market.
The microeconomic and specific factors impacting the market have been discussed in the report, however, the estate agents sector in the UK has also been impacted by macroeconomic trends. Average income, combined with confidence in the economy are among the key factors that are likely to play a role in future of estate agents sector in the UK. This has also led to a market in which growth rate is steady, however, the profit margins for the players operating in this market are marginal. The growth is more pronounced in the residential sector, whereas in the commercial sector, mounting hesitancy has led to constraints. Decreasing home ownership on account of affordability issues can have an impact on the residential sector in the future.
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The report also outlines some of the leading companies operating in the estate agents landscape. The company profiles section of the report details some of the well-known players in this landscape, along with information on their key strategies and developments. Overall, the report on UK estate agents sector is a comprehensive piece of information that offers readers detailed insights and analysis on the estate agents sector in the region.
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