Image from Google Jackets

RICS May 2008 housing market forecast [electronic resource]

By: Language: English Series: RICS UK Housing Market Forecast ; 2008Publication details: 2007Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Predicts that the number of transactions will fall by at least 40% this year, and prices will fall by 5%. An increased amount of sale through distress will also result in a dwindling number of new instructions. The problems caused by the credit crunch have caused the predicted slump in property. However the full blown crash that was seen in the early 1990s is not expected to be seen again. Warns that one danger is the reduction in sales volume and slight reduction in price may persist for some time without clear resolution.
Holdings
Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 143564-2001

Predicts that the number of transactions will fall by at least 40% this year, and prices will fall by 5%. An increased amount of sale through distress will also result in a dwindling number of new instructions. The problems caused by the credit crunch have caused the predicted slump in property. However the full blown crash that was seen in the early 1990s is not expected to be seen again. Warns that one danger is the reduction in sales volume and slight reduction in price may persist for some time without clear resolution.