RICS 2008 housing market forecast [electronic resource]
RICS 2008 housing market forecast [electronic resource]
- 2007
- RICS UK Housing Market Forecast 2007 .
Predicts a difficult year for the housing market. The weakness in house price indices is likely to appear in the DCLG index. This will result in finance being harder to obtain. However, a meaningful retreat in house prices should be avoided by two macro-economic drivers. These are a fall in the interest rate structure and a lack of significant failure in the employment market. Unemployed claim levels are at their lowest in thirty years. Acknowledges a significant fall in confidence towards the housing market among both the public and surveyors, despite a relatively positive economy.
RICS UK HOUSING MARKET FORECAST
United Kingdom--
333.33 $2 18
Predicts a difficult year for the housing market. The weakness in house price indices is likely to appear in the DCLG index. This will result in finance being harder to obtain. However, a meaningful retreat in house prices should be avoided by two macro-economic drivers. These are a fall in the interest rate structure and a lack of significant failure in the employment market. Unemployed claim levels are at their lowest in thirty years. Acknowledges a significant fall in confidence towards the housing market among both the public and surveyors, despite a relatively positive economy.
RICS UK HOUSING MARKET FORECAST
United Kingdom--
333.33 $2 18