RICS UK economic brief March 2007 [electronic resource]
Language: English Series: RICS UK Economic Brief ; March 2007Publication details: London RICS 2007Subject(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 | 142796-1001 |
Reports that the credit crunch is impacting negatively on the residential property market with mortgage approvals falling sharply. The commercial property market showed a 12% drop in capital values over the year. Output in construction sector for Q4 slowed down to 3.2% from 3.5% the previous quarter. Finds that conditions in the mortgage market continue to suppress demand within the housing market.