Steep fall for houses
Series: RICS Press Release ; (pr093) 19 October 2004 (2)Publication details: 2004Subject(s): Summary: House values are falling at their steepest rate for nine years, according to September's "RICS housing market survey: Great Britain". The decline in prices is the biggest since 1995 and is a reaction to interest rates rising over the summer period. Available properties are at the highest recorded level for almost a year, rising by 8% over the last three months to September 2004. Buyer enquiries are down for the fifth consecutive month and a downturn in sales continues, falling 14% over the past year. The full report can be accessed on the website. http://www.rics.org/RICSWEB/getpage.aspx?p=36hXJd2 jk0irKdtiN1TBbw==| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4040-09 (Browse shelf(Opens below)) | 1 | Available | 127744-1001 |
House values are falling at their steepest rate for nine years, according to September's "RICS housing market survey: Great Britain". The decline in prices is the biggest since 1995 and is a reaction to interest rates rising over the summer period. Available properties are at the highest recorded level for almost a year, rising by 8% over the last three months to September 2004. Buyer enquiries are down for the fifth consecutive month and a downturn in sales continues, falling 14% over the past year. The full report can be accessed on the website. http://www.rics.org/RICSWEB/getpage.aspx?p=36hXJd2 jk0irKdtiN1TBbw==