House prices slowed by interest rates
House prices slowed by interest rates
- 2004
- RICS Press Release (pr069) 20 July 2004 (2) .
According to the latest "RICS housing market survey of Great Britain", average house price inflation slowed in the three months to June 2004 to the slowest pace in 10 months. This is due in part to interest rate rises and the Bank of England's recent warnings over market prospects. The number of new properties coming onto the market and the amount of unsold properties on estate agents' books both showed a moderate increase. The report can be viewed at: http://www.rics.org/ricscms/bin/show?class=MarketS urvey&template=/includes/showmarketsurvey.html&id= 95&faculty=RICS. http://www.rics.org/ricscms/bin/show?class=PressRe lease&template=/includes/showpr.html&id=1205&facul ty=RICS
INTEREST RATES
PROPERTY PRICES
HOUSING SURVEYS
According to the latest "RICS housing market survey of Great Britain", average house price inflation slowed in the three months to June 2004 to the slowest pace in 10 months. This is due in part to interest rate rises and the Bank of England's recent warnings over market prospects. The number of new properties coming onto the market and the amount of unsold properties on estate agents' books both showed a moderate increase. The report can be viewed at: http://www.rics.org/ricscms/bin/show?class=MarketS urvey&template=/includes/showmarketsurvey.html&id= 95&faculty=RICS. http://www.rics.org/ricscms/bin/show?class=PressRe lease&template=/includes/showpr.html&id=1205&facul ty=RICS
INTEREST RATES
PROPERTY PRICES
HOUSING SURVEYS