Housing recovery hampered by affordable property shortage
Housing recovery hampered by affordable property shortage
- 1993
- RICS Press Release (PR124/93) 10 June 1993 (22) .
The main obstacle to strong recovery in the housing market is the growing shortage of reasonably priced homes for sale. Potential vendors are witholding their properties from the market in anticipation of rising prices, thus intensifying competition for the remaining properties according to the latest RICS Housing Market Survey.
Affordable housing
HOUSE PRICES
HOUSING MARKET SURVEYS
The main obstacle to strong recovery in the housing market is the growing shortage of reasonably priced homes for sale. Potential vendors are witholding their properties from the market in anticipation of rising prices, thus intensifying competition for the remaining properties according to the latest RICS Housing Market Survey.
Affordable housing
HOUSE PRICES
HOUSING MARKET SURVEYS