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RICS housing market survey Great Britain October 2005

By: Language: English Series: RICS Housing Market Survey Great Britain ; October 2005Publication details: London RICS 2005Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Notes that house prices slipped back again in October although the decline was slight and the slowest in 15 months. New buyer enquiries in October increased for the fourth consecutive month, the largest rise for almost two years. Demand conditions have been helped by the August interest rate cut and rising employment. Market conditions are only gradually tightening with a modest recovery in sales activity. Completed sales have risen almost 8% from their low in February 2005 but are still down from year ago levels. Available property on surveyors' books has also fallen, down 4% in the past three months. Surveyors predict modest rises in seven regions.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 131563-2001

Notes that house prices slipped back again in October although the decline was slight and the slowest in 15 months. New buyer enquiries in October increased for the fourth consecutive month, the largest rise for almost two years. Demand conditions have been helped by the August interest rate cut and rising employment. Market conditions are only gradually tightening with a modest recovery in sales activity. Completed sales have risen almost 8% from their low in February 2005 but are still down from year ago levels. Available property on surveyors' books has also fallen, down 4% in the past three months. Surveyors predict modest rises in seven regions.