UK Economic Brief for May 2004
UK Economic Brief for May 2004
- 2004
- RICS UK Economic Brief 18 May 2004 (2) .
The UK Economic Brief forecasts gradual rate hikes for the rest of 2004 but the impact of the rises on the economy will be muted. In the commercial property market the strengthening economy signals that nominal rents are set to start rising but a real recovery is only likely by the end of 2005. In the residential property market figures confirm the acceleration in house prices indicated by RICS early in the year. For the UK Economic Brief: http://www.rics.org/ricscms/bin/show?class=Brief&t emplate=/includes/showbrief.html&id=606
ECONOMIC BRIEF
ECONOMY
COMMERCIAL PROPERTY MARKET
CONSTRUCTION MARKET
RESIDENTIAL PROPERTY MARKET
INTEREST RATES
The UK Economic Brief forecasts gradual rate hikes for the rest of 2004 but the impact of the rises on the economy will be muted. In the commercial property market the strengthening economy signals that nominal rents are set to start rising but a real recovery is only likely by the end of 2005. In the residential property market figures confirm the acceleration in house prices indicated by RICS early in the year. For the UK Economic Brief: http://www.rics.org/ricscms/bin/show?class=Brief&t emplate=/includes/showbrief.html&id=606
ECONOMIC BRIEF
ECONOMY
COMMERCIAL PROPERTY MARKET
CONSTRUCTION MARKET
RESIDENTIAL PROPERTY MARKET
INTEREST RATES