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RICS housing market survey Great Britain January 2006

By: Language: English Series: RICS Housing Market Survey Great Britain ; January 2006.Publication details: 2006Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Records that house prices continued to rise steadily in January, posting the third consecutive rise after 15 months of continuous falls. Price rises were very modest with no sign of the market returning to the booming conditions evident between 1997 and 2002. The stock of available property fell to a 15 month low, reducing choice for would-be buyers. Completed property sales stood 15% higher than year ago levels. The number of properties newly put up for sale rose slightly in January but has not matched the increase in sales. Surveyors' confidence in future prices and activity stay positive as market recovery is expected to continue

Records that house prices continued to rise steadily in January, posting the third consecutive rise after 15 months of continuous falls. Price rises were very modest with no sign of the market returning to the booming conditions evident between 1997 and 2002. The stock of available property fell to a 15 month low, reducing choice for would-be buyers. Completed property sales stood 15% higher than year ago levels. The number of properties newly put up for sale rose slightly in January but has not matched the increase in sales. Surveyors' confidence in future prices and activity stay positive as market recovery is expected to continue