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

RICS housing market survey United Kingdom February 2007 [electronic resource] - London RICS 2007 - RICS Housing Market Survey United Kingdom February 2007 .

House prices slow as affordability worsens. House prices rose for the sixteenth consecutive month in February but the pace of increase slowed to the lowest since last May. Three interest rate hikes have begun to weigh heavily on buyer affordability. 19% more chartered surveyors reported a fall than a rise in new buyer enquiries - down from 6% in January. New instructions to sell property have gone nine months without a rise, the longest stretch in seven years.


RICS HOUSING MARKET SURVEY UNITED KINGDOM


United Kingdom--

333.33 $2 18