RICS UK economic brief [electronic resource] March 2007
RICS UK economic brief March 2007 [electronic resource]
- London RICS 2007
- RICS UK Economic Brief March 2007 .
Reports that the credit crunch is impacting negatively on the residential property market with mortgage approvals falling sharply. The commercial property market showed a 12% drop in capital values over the year. Output in construction sector for Q4 slowed down to 3.2% from 3.5% the previous quarter. Finds that conditions in the mortgage market continue to suppress demand within the housing market.
RICS UK ECONOMIC BRIEF
United Kingdom--
333.33 $2 18
Reports that the credit crunch is impacting negatively on the residential property market with mortgage approvals falling sharply. The commercial property market showed a 12% drop in capital values over the year. Output in construction sector for Q4 slowed down to 3.2% from 3.5% the previous quarter. Finds that conditions in the mortgage market continue to suppress demand within the housing market.
RICS UK ECONOMIC BRIEF
United Kingdom--
333.33 $2 18