RICS housing market survey United Kingdom [electronic resource] May 2008

RICS housing market survey United Kingdom May 2008 [electronic resource] - London RICS 2008 - RICS Housing Market Survey United Kingdom May 2008 .

The balance of Chartered Surveyors reporting house price falls decreased somewhat in May, with the average number of transactions per surveyor falling further. The RICS house price balance improved slightly for the first time in ten months but still remains a depressed figure and 92.9% more Chartered Surveyors reported a fall than a rise in house prices, a decrease from 94.7% in April. The continuing lack of demand in the housing market is demonstrated by the collapse in transactions. Also, the average number of transactions per surveyor (over the last three months) is now at 17.4, the lowest figure since 1978 and the net balance of new agreed sales remains in negative territory.


RICS HOUSING MARKET SURVEY UNITED KINGDOM


United Kingdom--

333.33 $2 18