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Simon Rubinsohn, chief economist at the Royal Institution of Chartered Surveyors, talks with Bloomberg's Nina de Roy about the decline in U.K. house prices reported today and the implications for economic growth and Bank of England monetary policy. Apart from Scotland, where prices rose, every region tracked by RICS in its monthly survey of residential property agents and surveyors showed declines. In London a measure of the outlook for prices fell to minus 66 from minus 57 in March.
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Rubinsohn of RICS Says U.K. Home Sales Have Slumped 50%

Simon Rubinsohn, chief economist at the Royal... (more)
Channel:Bloomberg Category:Business Views:11
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