Summary
EACH day brings a different opinion on what is happening to house prices. The major surveys suggest they are marching on regardless of interest rate rises, and the Governor of the Bank of England adds fuel to this with his warnings of the risk that buyers at these levels may see the market move against them.
But more and more estate agents and building societies with interests in estate agents report that buying interest is cooling and more properties are coming on to the market as potential sellers move to capture what they fear might be the last of the buoyancy. They see definite signs that the market is turning.See the full content of this document
Extract
Getting Real On House Prices
At times like this the best guidance often comes from people who have to put their money where their mouths are - the housebuilders.
For months, the Government has been urging housebuilders to incr...See the full content of this document
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