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Autumn brings a fall in house prices

Series: RICS Press Release ; (pr084) 21 September 2004 (2)Publication details: 2004Subject(s): Summary: According to the "RICS housing market survey Great Britain: August 2004", an overall decline in house prices has been recorded for the first time in over a year. This follows a run of three interest rate rises and implies that prospective buyers are taking heed of rising borrowing costs. London, south- east England and the eastern regions have reported the biggest falls while prices continue to steadily rise in Scotland and north- east England. The full survey is available from the RICS website: http://www.rics.org/NR/rdonlyres/9E34BE51-DC98-465 5-8B4B-655EF67D64B1/0/HMSaug04public.pdf. http://www.rics.org/Property/Propertymarket/autumn +brings+a+fall+in+house+prices.htm?WBCMODE=Present ationUnpublished
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Item type Current library Call number Copy number Status Barcode
News article London News article WB4036-06 (Browse shelf(Opens below)) 1 Available 127474-1001

According to the "RICS housing market survey Great Britain: August 2004", an overall decline in house prices has been recorded for the first time in over a year. This follows a run of three interest rate rises and implies that prospective buyers are taking heed of rising borrowing costs. London, south- east England and the eastern regions have reported the biggest falls while prices continue to steadily rise in Scotland and north- east England. The full survey is available from the RICS website: http://www.rics.org/NR/rdonlyres/9E34BE51-DC98-465 5-8B4B-655EF67D64B1/0/HMSaug04public.pdf. http://www.rics.org/Property/Propertymarket/autumn +brings+a+fall+in+house+prices.htm?WBCMODE=Present ationUnpublished