UK economic brief July 2006
Language: English Series: RICS UK Economic Brief ; July 2006Publication details: London RICS 2006Subject(s): LOC classification:- 333.33 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 134499-1001 |
Reports a strong economic rebound in the second quarter of 2006, heightening fears of accelerating inflation. Concerns over interest rates are being expressed, and RICS believes a tightening of monetary policy is likely towards the end of the year. Occupier demand in the commercial property market rose at the fastest pace in two years, with office and industrial sectors seeing a pick up in activity levels. Construction industry data for the second quarter of 2006 indicates a sustained a recovery in activity in the first quarter. House prices rose firmly in June, up at the fastest pace in just over two years. Graphs.