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RICS UK economic brief April 2008 [electronic resource]

By: Language: English Series: RICS UK Economic Brief ; April 2008Publication details: London RICS 2008Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Predicts that a resilient UK economy will give way to a credit crunch. Finds evidence of a downturn in the UK commercial property sector. In the construction sector, reports that workload growth, while remaining positive, slowed sharply to the lowest level since Q1 1996. Reports the residential property market continues to weaken, with the RICS Housing Market Survey reporting surveyor sentiment continued to fall in February 2008.

Predicts that a resilient UK economy will give way to a credit crunch. Finds evidence of a downturn in the UK commercial property sector. In the construction sector, reports that workload growth, while remaining positive, slowed sharply to the lowest level since Q1 1996. Reports the residential property market continues to weaken, with the RICS Housing Market Survey reporting surveyor sentiment continued to fall in February 2008.