RICS housing market survey United Kingdom [electronic resource] November 2007
RICS housing market survey United Kingdom November 2007 [electronic resource]
- London RICS 2007
- RICS Housing Market Survey United Kingdom November 2007 .
Finds that new sales have declined at the fastest rate this figure was first included in the survey, in April 1999. 40.6% more surveyors reported a fall than a rise in prices, the most negative figure since May 2005. This compares with 23.4% in October 2007. These falls are led by weakening property demand. Supply is falling, but not as steeply as in recent months. New buyer enquiries have also fallen. Weak demand and the loosest market since October 2005 have resulted in a further 8.7% rise in unsold stock. Price expectations are at their lowest level since October 1998.
RICS HOUSING MARKET SURVEY UNITED KINGDOM
United Kingdom--
333.33 $2 18
Finds that new sales have declined at the fastest rate this figure was first included in the survey, in April 1999. 40.6% more surveyors reported a fall than a rise in prices, the most negative figure since May 2005. This compares with 23.4% in October 2007. These falls are led by weakening property demand. Supply is falling, but not as steeply as in recent months. New buyer enquiries have also fallen. Weak demand and the loosest market since October 2005 have resulted in a further 8.7% rise in unsold stock. Price expectations are at their lowest level since October 1998.
RICS HOUSING MARKET SURVEY UNITED KINGDOM
United Kingdom--
333.33 $2 18