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Supply shortage drives up prices

Series: RICS Press Release ; (pr051) 29 April 2002, (2)Publication details: 2002Subject(s): Summary: The RICS Rural Market Surveyfor the first quarter 2002 reveals that an increase in demand has driven up average farmland prices to £7 873 per ha for the first three months of 2002, from £7 873 last quarter. The residential sector saw the strongest demand, with mixed fortunes throughout the rest of the market. http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=727
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News article London News article WB3816-29 (Browse shelf(Opens below)) 1 Available 117793-1001

The RICS Rural Market Surveyfor the first quarter 2002 reveals that an increase in demand has driven up average farmland prices to £7 873 per ha for the first three months of 2002, from £7 873 last quarter. The residential sector saw the strongest demand, with mixed fortunes throughout the rest of the market. http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=727