Economic forecast UK residential property - August 2006
Economic forecast UK residential property - August 2006
- London RICS 2006
- RICS Economic Forecast: UK Residential Property August 2006 .
Predicts that house prices will rise 7% in 2006 and 3% in 2007. According to an accessibility index developed by RICS, first-time buyer affordability is at its worst since the first quarter of 1992 but is still much better than at the height of the late 1980s housing boom. First-time buyer accessibility has in fact deteriorated three-fold over the past decade. Graphs and tables.
RICS ECONOMIC FORECAST: UK RESIDENTIAL PROPERTY
United Kingdom--
333.33 $2 18
Predicts that house prices will rise 7% in 2006 and 3% in 2007. According to an accessibility index developed by RICS, first-time buyer affordability is at its worst since the first quarter of 1992 but is still much better than at the height of the late 1980s housing boom. First-time buyer accessibility has in fact deteriorated three-fold over the past decade. Graphs and tables.
RICS ECONOMIC FORECAST: UK RESIDENTIAL PROPERTY
United Kingdom--
333.33 $2 18