ic Wales - Debt chickens come home to roost as interest rates hit DIPPING consumer confidence in the economy is set to turn spenders into savers as the housing market begins to slow.
Hometrack - House prices go south across the whole country (PDF) House prices fall for the third month in succession as more and more buyers exit the market.
Scotsman.com News - Opinion - House prices enter the danger zone JUST when we thought we were over the worst and that a gradual cooling of house prices was under way, along comes the International Monetary Fund to warn us that a sharp fall may still lie ahead.
Scotsman.com - IMF warning on UK house price crash downplayed: FURTHER interest rate rises could trigger a house price crash in the United Kingdom, the International Monetary Fund warned yesterday.
ThisisLondon: House price 'meltdown' Fears of a looming meltdown in the property market deepened today after shock warnings of a dramatic shortage of buyers.
The Motley Fool UK: Cockroaches In The Housing Market 23/09/2004 Bad news for property bulls this morning. Two profit warnings indicated looming trouble in the housing market.
Guardian Unlimited Money | Property | Mortgage costs 'highest since 90s' Homeowners have seen the cost of their mortgages rise by 12% during the past year as the price of borrowing increases, according to a report.
Sky News: Fears Of 'Sharp Fall' In House Prices The International Monetary Fund has warned of a possible sharp fall in UK house prices.
Mirror.co.uk - HAS BRITAIN'S BUBBLE BURST? WORK for all in a booming economy, huge sums being pumped into health and education, a better deal for mums, longer holidays.
It's tempting to think Britons have never had it so good - if you listen to the government.
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Times Business: House prices slide as mortgages bite THE property market has finally turned, with prices falling across much of the country. Four separate surveys of estate agents and mortgage lenders revealed that interest rate rises have sapped buyers’ confidence, preventing them from taking out new loans and causing prices to fall.
What's happening today? The Federal Reserve Bank is expected to announce an increase of 0.25% in the overnight lending rate from 1.5% to 1.75% with the prospect of more to come.
Independent: House prices are unchanged since middle of August, survey reports The recent drop in house prices came to a halt this month as a small rebound across most of Britain offset falls in London and the West Country, a survey of estate agents shows today.
The Observer | Cash | Are house prices really falling like the leaves? 'House slip' screamed the Sun. 'Homes in Price Drop' yelled the Mirror. Even the Times chipped in with 'House prices suffer biggest fall since 2000'.
