Buy custom Effects on determinants on Supply and Demand in the Housing market
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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 879 |
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The Greater London and the South East regions show an average of over ?200,000 compared to Northern Ireland and Scotland ranging from ?123,000 and under on average. This is essential to housing buyers on which can effect their decision making because of these high average prices. This can lead to a downfall in demand in many places such as Greater London and the South East as prices seem to be on the rise in many places...
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But for the South East, there is a much higher average of sales compared to areas such as the North and the North West which have a much lower average price but seem to have a lower sales than the South East. So therefore this shows that the supply of domestic housing must on the increase because of the significant rise of sales in the South East area...
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