000			01832cad a22002415a 4500
001			L155111
008			120302s2012 xxk 000 0 eng u
035			_a(Sirsi) u155111
041	0		_aeng
050	0	4	_a306.1094 $2 18
100	1		_aBall, Michael
245	0	0	_aRICS European housing review 2012 _bExecutive summary _h[electronic resource]
260			_aLondon _bRICS _c2012
490		0	_aRICS European Housing Review _v2012
520			_aLooks at the performance of European housing markets in 2011, analysing trends across the continent in areas such as inflation, building activity, mortgage markets and turnover. House price change was relatively moderate. France, Iceland, Norway and Switzerland all experienced price rises of more than 5%. Ireland and Spain saw the greatest house price falls. In the UK, real house prices have fallen by a third since 2007, whereas France and Germany had far more modest declines of a 10th or less. Housebuilding has fallen sharply across most of Europe since the onset of the financial crisis, the only exception being Switzerland. Only modest falls have been experienced in Germany and France. A good supply of mortgage credit is essential to sustained housing market recovery in Europe. However, mortgage availability was being cut back in most European countries towards the end of 2011. The Eurozone crisis and new banking regulatory requirements were compounding lender caution in face of weakening housing markets.
590			_aKA
650	2	4	_aRICS EUROPEAN HOUSING REVIEW
651		4	_aEurope
690			_aResidential property _96266
710	2		_aRoyal Institution of Chartered Surveyors _bEurope _95921
856	4	0	_uhttps://www.rics.org/Global/Downloads/EHR_%202012_Summary_270212_dwl_aj.pdf _zView the report free of charge on the www.rics.org website.
942			_n0
999			_c113328 _d113328