000			01567cam a2200217 4500
001			L148295
008			070309s2008 xxk f 000 0 eng d
035			_a(Sirsi) u148295
041	0		_aeng
050	0	4	_a333.33 $2 18
110	2		_aRoyal Institution of Chartered Surveyors _bPublic Affairs _94679
245	0	0	_aUK economic brief March 2008 _bweak activity and higher inflation keep interest rates on hold _h[electronic resource]
260			_aLondon _bRICS _c2008
490		0	_aRICS UK Economic Brief _vMarch 2008
520			_aEvidence of the credit crunch is not hard to find in the residential property market at the present time. Lenders have been scaling down loan to value ratios on mortgages and there has been a marked reluctance to pass on the benefit of the two base rate cuts already sanctioned to new borrowers. On the back of this, mortgage approvals have plunged and house prices have begun to slip albeit in a very modest fashion to date. However, away from the property arena the picture is rather more mixed. It is true that well regarded surveys such as those produced by Chartered Institute of Purchasing Managers are suggesting that the pace of economic growth will moderate over the coming quarters. On the other hand, the hard data continues to demonstrate rather greater resilience.
650	2	4	_aRICS UK ECONOMIC BRIEF
651		4	_aUnited Kingdom _y
690			_aPROPERTY-PROPERTY MARKET
856	4	0	_uhttps://www.rics.org/site/scripts/download_info.aspx?downloadID=783 _zView the item free of charge at www.rics.org...
942			_n0
999			_c109995 _d109995