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Factors that influence the price of houses
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| Submitted: Wed Oct 06 2004
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Contents 1. Introduction Pg 3 2. How houses are affected by demand and supply Pg 4 3. Inflation Pg 8 4. Consumer Confidence Pg 9 5. Affordability Pg 10 6. Interest Rates Pg 11 7. Average Property Prices in the UK Pg 12 8. Size and Type of Properties Pg 13 9. Economic Growth Pg 14 10. Conclusion Pg 15 Introduction The question that is to be investigated in this project is 'What factors determine the price of houses?' I have made a hypothesis from this question that I will later prove or disprove in my investigation. My hypothesis is: House prices are mainly determined by mortgage rates. To collect my information I will use a wide range of resources. These will be: · The Internet, particularly specialised sites dealing in economics (e.g. www.bized.ac.uk,). Also property sites that give information on houses. · I will try to use as much of my class work as possible. I will need to look at my notes on Demand and...
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