Property snapshot [electronic resource] April 2009
Property snapshot April 2009 [electronic resource]
- London Colliers 2009
- Property Snapshot April 2009 .
Reports that forecasts of GDP continue to be revised downwards, with the HM Treasury average of new independent forecasts for 2009 falling from -2.8% in mid February to -3.2% in mid March. The average 2010 forecast has also dropped from 0.5% to 0.3%, although the G20 summit has led to a bounce in equity markets. Suggests that various indicators imply that the economy is now bottoming out, with consumer and retail confidence strength being positive for the last two months.
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COLLIERS PROPERTY SNAPSHOT
United Kingdom--
333.33 $2 18
Reports that forecasts of GDP continue to be revised downwards, with the HM Treasury average of new independent forecasts for 2009 falling from -2.8% in mid February to -3.2% in mid March. The average 2010 forecast has also dropped from 0.5% to 0.3%, although the G20 summit has led to a bounce in equity markets. Suggests that various indicators imply that the economy is now bottoming out, with consumer and retail confidence strength being positive for the last two months.
Advanced
COLLIERS PROPERTY SNAPSHOT
United Kingdom--
333.33 $2 18