000 01129cam a2200205 4500
001 WB3942-14
008 031106n2003 000 0 eng u
035 _a(Sirsi) u124252
245 _aInterest rates' rise will have little impact on housing market
260 _c2003
490 _aRICS Press Release
_v(pr103) 6 November 2003 (1)
520 _aRICS views the 0.25% increase in interest rates set on 6 November as having little impact on the housing market but an upward trend would slow it down. The rise will have only a muted impact on housing demand, as employment remains firm due to government spending. RICS believes that the low inflation climate provides the Bank of England with leeway to await confirmation of a broad-based rebound in the UK economy before implementing further monetary tightening. http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=1054
590 _aWB
650 _aINTEREST RATES
650 _aECONOMY
650 _aLOW INFLATION
650 _aHOUSING DEMAND
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942 _n0
999 _c73754
_d73754