Wednesday, Apr 15, 2009
RICS - Housing Market Bottom?
The Market Oracle: UK Housing Market Bottoming?
The Royal Institute of Chartered Surveyors (RICS) is reporting that the average sales per surveyor increased for the first time since late 2007 as the number of sales ticked up to 9.7 from a low of 9.6 last month as record low interest rates of 0.5% have cut the mortgage servicing costs for homeowners coupled with the government running an unsustainable £160 billion per annum budget deficit.
Posted by nadeem walayat @ 06:55 AM (345 views) Add Comment
1 Comment
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1. Gordi said...
Bang on the money, as usual