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

By: Language: English Series: RICS Housing Market Survey United Kingdom ; April 2008Publication details: London RICS 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Shows that chartered surveyors are reporting increased house price falls, but the decline is being limited by a tightening of supply. 95.1% more chartered surveyors reported a fall in prices than a rise, a higher percentage than last month's record figure. Regionally, the picture is still more depressed, with surveyors in the East Anglia, the North and North West of England unanimous in reporting falling prices. Even Scotland, the best performing UK market, turned negative this month. As a result of low supply, the unsold stock on surveyors' books has reduced slightly. Distress sales have yet to affect the market.
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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 143495-2001

Shows that chartered surveyors are reporting increased house price falls, but the decline is being limited by a tightening of supply. 95.1% more chartered surveyors reported a fall in prices than a rise, a higher percentage than last month's record figure. Regionally, the picture is still more depressed, with surveyors in the East Anglia, the North and North West of England unanimous in reporting falling prices. Even Scotland, the best performing UK market, turned negative this month. As a result of low supply, the unsold stock on surveyors' books has reduced slightly. Distress sales have yet to affect the market.