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Housing market still going strong

Series: RICS Press Release ; (pr083) 21 June 2001, (2)Publication details: 2001Subject(s): Summary: The RICS Housing Market Survey for the three months to May depicts a buoyant housing market despite negative economic forecasts, foot and mouth and a properties shortage. House price increases were highest in East Anglia, Yorkshire and Humberside with London recording the strongest price increases in over a year. Competition between mortgage lenders and a fall in interest rates has helped boost the market.

The RICS Housing Market Survey for the three months to May depicts a buoyant housing market despite negative economic forecasts, foot and mouth and a properties shortage. House price increases were highest in East Anglia, Yorkshire and Humberside with London recording the strongest price increases in over a year. Competition between mortgage lenders and a fall in interest rates has helped boost the market.