RICS Global Real Estate Weekly Reports Little Momentum to Improvements in U.S. Housing Market


06/19/2009 18:37

Next week, the Federal Housing Finance Association (FHFA) house price index for April and existing home sales data for May are both due out on Tuesday 23rd, followed by new home sales data on Wednesday 24th. Data continues to suggest that the economic downturn is moving past the worst point. Read the complete report.

About RICS & RICS Americas
RICS (Royal Institution of Chartered Surveyors) is the leading organization of its kind in the world for professionals in property, land, construction and related environmental issues. We help set, maintain and regulate standards and provide impartial advice to governments and policymakers. RICS has more than 100,000 qualified members who operate across 17 disciplines in more than 146 countries, supported by an extensive network of regional offices around the globe. www.rics.org

To ensure that our members are able to provide the quality of advice and level of integrity required by the market, RICS credentials – AssocRICS, MRICS and FRICS – are only awarded to individuals who meet the most rigorous requirements for both education and experience, and who are prepared to maintain the highest standards of business practice and ethics in support of public interest.

RICS Americas, based in New York and covering North, Central and South America and the Caribbean, has more than 3,000 members in commercial and residential development, construction management, brokerage, planning and finance, valuation and fine arts appraisal. Staff support these members from New York, Toronto and Chicago. For more information visit www.ricsamericas.org or e-mail ricsamericas@rics.org.