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RICS rural land market survey Great Britain first quarter 2006

By: Language: English Series: RICS Rural Land Market Survey Great Britain ; First Quarter 2006Publication details: London RICS 2006Subject(s): LOC classification:
  • 630 $2 18
Online resources: Summary: Shows farmland prices rising by 3% in the year to the first quarter 2006, down from 4% recorded in the fourth quarter 2005. Demand for residential farms is rising at the strongest pace in two years, resulting in non-farmer individual share in purchases reaching 46% in the first quarter, a 18 month high. Demand for commercial farmland is also increasing but more modestly than for residential farms. Supply of available farmland on the market was up slightly during the first quarter with commercial farmland increasing more firmly than residential farms but the availability of residential and non-residential farms is historically very low. Surveyors anticipate commercial farmland to be flat in the next year but the price of residential farmland is expected to rise strongly. The largest price increases were in Scotland, West Midlands and southwest England while modest price falls were recorded in Wales, northeast and northwest England.
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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 133574-2001

Shows farmland prices rising by 3% in the year to the first quarter 2006, down from 4% recorded in the fourth quarter 2005. Demand for residential farms is rising at the strongest pace in two years, resulting in non-farmer individual share in purchases reaching 46% in the first quarter, a 18 month high. Demand for commercial farmland is also increasing but more modestly than for residential farms. Supply of available farmland on the market was up slightly during the first quarter with commercial farmland increasing more firmly than residential farms but the availability of residential and non-residential farms is historically very low. Surveyors anticipate commercial farmland to be flat in the next year but the price of residential farmland is expected to rise strongly. The largest price increases were in Scotland, West Midlands and southwest England while modest price falls were recorded in Wales, northeast and northwest England.