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House prices set to fall as austerity measures start to bite [electronic resource]

By: Language: English Series: Rightmove House Price Index ; June 2010Publication details: London Rightmove 2010Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Average national asking prices increase by 0.3% between May and June 2010. Asking prices are falling in real terms with the Retail Price Index (RPI) at 5.1% compared with a year on year rise of 5% in asking prices. 22% increase in sellers coming onto the market following suspension of Home Information Packs (HIPs) resulting in large jump in unsold stock. Sellers and tenants face tough times ahead.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available ONLINE

Average national asking prices increase by 0.3% between May and June 2010. Asking prices are falling in real terms with the Retail Price Index (RPI) at 5.1% compared with a year on year rise of 5% in asking prices. 22% increase in sellers coming onto the market following suspension of Home Information Packs (HIPs) resulting in large jump in unsold stock. Sellers and tenants face tough times ahead.