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RICS housing market survey United Kingdom February 2008 [electronic resource]

By: Language: English Series: RICS Housing Market Survey United Kingdom ; February 2008Publication details: London RICS 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that 64.1% more chartered surveyors reported a fall than a rise in February 2008, an increase from 54.7% in January. This figure is close to June 1990's historical low. Scotland remains the UK's most buoyant market, with the balance of surveyors reporting a rise jumping from 7% to 25%. 35% more chartered surveyors reporting a fall in new buyer enquiries than reported a rise. Unsold property on surveyors' books jumped by over 8.5% in February, the fifth successive monthly increase over 8%. However, sales expectations turned positive for the first time since June, and price expectations improved slightly.

Reports that 64.1% more chartered surveyors reported a fall than a rise in February 2008, an increase from 54.7% in January. This figure is close to June 1990's historical low. Scotland remains the UK's most buoyant market, with the balance of surveyors reporting a rise jumping from 7% to 25%. 35% more chartered surveyors reporting a fall in new buyer enquiries than reported a rise. Unsold property on surveyors' books jumped by over 8.5% in February, the fifth successive monthly increase over 8%. However, sales expectations turned positive for the first time since June, and price expectations improved slightly.