Keywords
Citation
(2000), "RICS economic brief", Structural Survey, Vol. 18 No. 4. https://doi.org/10.1108/ss.2000.11018dab.004
Publisher
:Emerald Group Publishing Limited
Copyright © 2000, MCB UP Limited
RICS economic brief
RICS economic brief
Keywords Economy, Currency, Rentals, Housing market
Falling equity prices and a strong pound are posing a dilemma for the Bank of England. Both factors militate against a rise in interest rates, but other economic indicators suggest inflationary pressures and the RICS expect an interest rate rise. Commercial property rents are rising and construction activity remains firm. House price inflation was levelling out at the start of the summer.