Rics offers bleak picture of 2008 property market

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Rics offers bleak picture of 2008 property market

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01-31-2008, 09:55 AM

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Rics offers bleak picture of 2008 property market

A study from the Royal Institution of Chartered Surveyors (Rics) paints a gloomy picture for first-time buyers and the overall 2008 housing market. In its latest affordability index, the Rics suggest that it can now cost 351% more to buy a home than in 1996.According to the Institution, a couple on lower quartile earnings of [...]

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