UK house price stagnation
UK house price stagnation
- 2003
- RICS Business May 2003, 5(1) .
Survey by property website Hometrack shows house price stagnation set to continue, led by a slowdown in London and the south-east. There has been zero UK house price inflation and in London prices have fallen at the fastest rate in nearly a decade. However northern regions have all recorded price increases and RICS housing spokesman Ian Perry remains optimistic about the future of the market arguing there is no indication that the downturn will be long lasting. For the Hometrack monthly survey: http://www.hometrack.co.uk/press/news/ACF29F.pdf
HOUSE PRICES
HOMETRACK.CO.UK
LONDON
PRICE INCREASES
ECONOMIC DOWNTURN
Survey by property website Hometrack shows house price stagnation set to continue, led by a slowdown in London and the south-east. There has been zero UK house price inflation and in London prices have fallen at the fastest rate in nearly a decade. However northern regions have all recorded price increases and RICS housing spokesman Ian Perry remains optimistic about the future of the market arguing there is no indication that the downturn will be long lasting. For the Hometrack monthly survey: http://www.hometrack.co.uk/press/news/ACF29F.pdf
HOUSE PRICES
HOMETRACK.CO.UK
LONDON
PRICE INCREASES
ECONOMIC DOWNTURN