RICS UK economic brief March 2007 [electronic resource]
Language: English Series: RICS UK Economic Brief ; March 2007Publication details: 2007Subject(s): Online resources: Summary: Reports that despite the likelihood of a fall in the rate of inflation during the next six months an interest rate rise to 5.5% is expected in May. Predicts that uncertainty over the prospects for price changes, the fear of higher inflationary pressure from abroad and the increased price setting power of firms at home will convince policy makers that interest rates need to rise. Reports that occupier demand in the commercial property market continued to expand in Q1 2007 as strength in the economy supported business expansion, the growth in construction workloads during 2007 Q1 accelerated for the second consecutive quarter, and that house prices increased for the sixteenth consecutive month in February.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 137486-1001 |
Reports that despite the likelihood of a fall in the rate of inflation during the next six months an interest rate rise to 5.5% is expected in May. Predicts that uncertainty over the prospects for price changes, the fear of higher inflationary pressure from abroad and the increased price setting power of firms at home will convince policy makers that interest rates need to rise. Reports that occupier demand in the commercial property market continued to expand in Q1 2007 as strength in the economy supported business expansion, the growth in construction workloads during 2007 Q1 accelerated for the second consecutive quarter, and that house prices increased for the sixteenth consecutive month in February.