UK Housing market [electronic resource] caution still the watchword
UK Housing market caution still the watchword [electronic resource]
- London RICS 2009
- RICS UK Housing Market Forecast 5 August 2009 .
Forecasts trends of UK residential housing market for the second half of 2009 and 2010. Predicts that house prices will be slightly higher in the fourth quarter 2009 than in the fourth quarter 2008. Expects a rise in mortgage approvals to about 55 000 per month up to the end of 2009. Reports an acute need for new housebuilding. Fears a new fall in prices in 2010 and the impact of unemployment on house prices.
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RICS UK HOUSING MARKET FORECAST
United Kingdom--
333.33 $2 18
Forecasts trends of UK residential housing market for the second half of 2009 and 2010. Predicts that house prices will be slightly higher in the fourth quarter 2009 than in the fourth quarter 2008. Expects a rise in mortgage approvals to about 55 000 per month up to the end of 2009. Reports an acute need for new housebuilding. Fears a new fall in prices in 2010 and the impact of unemployment on house prices.
Advanced
RICS UK HOUSING MARKET FORECAST
United Kingdom--
333.33 $2 18