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RICS residential lettings survey Great Britain third quarter 2008 [electronic resource]

By: Language: English Series: RICS Residential Lettings Survey Great Britain ; Third Quarter 2008Publication details: London RICS 2008Subject(s): LOC classification:
  • 346.4104342 $2 18
Online resources: Summary: Finds a discrepancy between new tenant instructions and tenant demand for rental property. Tenant demand is still rising, but not at the rates seen in the second quarter 2008. Rents have fallen for the first time since 2003 and rental expectations have fallen to the lowest level on record. Gross yields continue to rise, as falls in rental value are being outpaced by falls in house prices.
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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 145873-1001

Finds a discrepancy between new tenant instructions and tenant demand for rental property. Tenant demand is still rising, but not at the rates seen in the second quarter 2008. Rents have fallen for the first time since 2003 and rental expectations have fallen to the lowest level on record. Gross yields continue to rise, as falls in rental value are being outpaced by falls in house prices.