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RICS housing market survey United Kingdom January 2007 [electronic resource]

By: Language: English Series: RICS Housing Market Survey United Kingdom ; January 2007Publication details: London RICS 2007Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: House prices rose for the 15th consecutive month in January but the pace of increase eased back to June levels. 28% more Chartered Surveyors reported a rise than a fall in house prices, down from 36.6% in December. The number of unsold properties on surveyors' books declined to the lowest level since August 2004. Demand cooled in January as new buyer enquiries were held back by the recent interest rate rises though the fall has occurred from a high base, and therefore fundamentally strong. Completed property sales rose to 29.8 per surveyor (up from 27.3 in October) - the highest since May 2004. Surveyor confidence in price outloods are still strong.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 136722-1001

House prices rose for the 15th consecutive month in January but the pace of increase eased back to June levels. 28% more Chartered Surveyors reported a rise than a fall in house prices, down from 36.6% in December. The number of unsold properties on surveyors' books declined to the lowest level since August 2004. Demand cooled in January as new buyer enquiries were held back by the recent interest rate rises though the fall has occurred from a high base, and therefore fundamentally strong. Completed property sales rose to 29.8 per surveyor (up from 27.3 in October) - the highest since May 2004. Surveyor confidence in price outloods are still strong.