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Housing recovery hampered by affordable property shortage

Language: English Series: RICS Press Release ; (PR124/93) 10 June 1993 (22)Publication details: 1993Subject(s): Summary: The main obstacle to strong recovery in the housing market is the growing shortage of reasonably priced homes for sale. Potential vendors are witholding their properties from the market in anticipation of rising prices, thus intensifying competition for the remaining properties according to the latest RICS Housing Market Survey.
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News article London News article WB2922-35 (Browse shelf(Opens below)) 1 Available 48347-1001

The main obstacle to strong recovery in the housing market is the growing shortage of reasonably priced homes for sale. Potential vendors are witholding their properties from the market in anticipation of rising prices, thus intensifying competition for the remaining properties according to the latest RICS Housing Market Survey.