Steep fall for houses
Steep fall for houses
- 2004
- RICS Press Release (pr093) 19 October 2004 (2) .
House values are falling at their steepest rate for nine years, according to September's "RICS housing market survey: Great Britain". The decline in prices is the biggest since 1995 and is a reaction to interest rates rising over the summer period. Available properties are at the highest recorded level for almost a year, rising by 8% over the last three months to September 2004. Buyer enquiries are down for the fifth consecutive month and a downturn in sales continues, falling 14% over the past year. The full report can be accessed on the website. http://www.rics.org/RICSWEB/getpage.aspx?p=36hXJd2 jk0irKdtiN1TBbw==
HOUSE PRICE SURVEYS
INTEREST RATES
PROPERTY PRICES
HOUSING SURVEYS
House values are falling at their steepest rate for nine years, according to September's "RICS housing market survey: Great Britain". The decline in prices is the biggest since 1995 and is a reaction to interest rates rising over the summer period. Available properties are at the highest recorded level for almost a year, rising by 8% over the last three months to September 2004. Buyer enquiries are down for the fifth consecutive month and a downturn in sales continues, falling 14% over the past year. The full report can be accessed on the website. http://www.rics.org/RICSWEB/getpage.aspx?p=36hXJd2 jk0irKdtiN1TBbw==
HOUSE PRICE SURVEYS
INTEREST RATES
PROPERTY PRICES
HOUSING SURVEYS