000 01782cad a22002295a 4500
001 L146623
008 090210e20090210xxkd f s 000 0 eng d
035 _a(Sirsi) u146623
041 0 _aeng
050 0 4 _a333.33 $2 18
110 2 _aRoyal Institution of Chartered Surveyors
_94900
245 0 0 _aRICS housing market survey United Kingdom
_bJanuary 2009
_h[electronic resource]
260 _aLondon
_bRICS
_c2009
490 _aRICS Housing Market Survey United Kingdom
_vJanuary 2009
520 _aRegular survey shows that the balance of surveyors reporting falling rather than rising prices is deteriorating (73.9 to 76.3 in January). Prices remain depressed largely as a result of the large stock of property remaining on agents' books. Buyer enquiries, on the other hand, improved for the third consecutive month. Completed sales per surveyor fell to 9.9, but this drop of 0.1 is marginal and would seem to indicate that a level of stability may be returning to the market (although the market remains depressed). Confidence in the sales outlook turned positive in January, but it remains well below historical averages. Some activity is returning to the market, which can be partially explained in the light of recent rate cuts and falling prices. This is having a positive effect on affordability, although it remains to be seen whether this is representative of a genuine shift in trends or the effects of investors re-entering the market.
590 _aKA
650 2 4 _aRICS HOUSING MARKET SURVEY UNITED KINGDOM
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
856 4 0 _uhttps://www.rics.org/site/scripts/download_info.aspx?downloadID=27
_zView the item free of charge online at www.rics.org...
942 _n0
999 _c109247
_d109247