Thisismoney - Loans for tenants to buy property THOUSANDS of potential buyers could be given a step up on to the housing ladder under proposals being considered by Labour.

Find a Property - Cash Buyers: Who Are They? Aside from pensioners trading down, the other significant sector with cash buyers is the second homes' market. 35 per cent of second homes (including investment properties) are bought for cash compared with 15 per cent in the wider housing market.

Times: Property doomsters have fallen silent"WHAT has happened to the prophets of doom? "

Yahoo! - BoE's Bean suggests UK rates could rise even if house prices fall sharply Bank of England chief economist Charles Bean suggested that interest rates could still rise even if house prices start falling sharply.

Guardian Unlimited | The Guardian | House lending figures point to downturn Further proof of the downturn in the housing market emerged yesterday as the Bank of England reported that new mortgage approvals had fallen to their lowest in almost five years.

Telegraph | News | New mortgages fall by 40pc in a year The number of people taking out a mortgage to buy a new home has fallen by almost 40 per cent over the past year, a downward trend that could cause a sharp fall in house prices if it continues, according to leading economists.

BBC NEWS | Business | House prices recover after falls UK house prices rose 1% in November, reversing a fall seen the previous month, the Nationwide has said.

Ananova - Property Prices On Alert Britain's biggest building society has issued a warning over the future of the housing market.

ThisisMoney - House prices continue to slow UK house prices continued to slow in November, with prices rising just 1% from October and 15% from a year earlier, according to Nationwide, the UK's largest building society.

Nationwide House Price Report November 2004 Market treads Water

Telegraph: House prices set to 'level, not crash'"Mortgage approvals have fallen to their lowest level for almost five years, but economists believe that the property market is levelling out rather than heading for a crash."

Times: House prices set for 20% fall"A senior executive with a leading property website today predicted a fall in house prices of up to one-fifth their present value."

Guardian: Property crash unlikely, say analysts"Fears of a housing market crash were calming today after figures from the Bank of England showed an easing rather than a full-scale drop in activity. "

Scotsman.com: New Figures Ease House Price Crash Fears"Fears of a housing market crash were calming today after figures from the Bank of England showed an easing rather than a full-scale drop in activity."

BBC NEWS | Business | Mortgage approvals still falling The number of new mortgages approved in the UK fell in October to their lowest level since January 2000, figures from the Bank of England show.

ThisisLondon - House prices at 2003 levels House prices in almost half of London's boroughs are now lower than they were a year ago, research reveals today.

Sky News: HOME LOANS TAKE A DIVE"e number of mortgage approvals in the UK tumbled last month to their lowest level for almost five years. "

Reuters: Mortgage approvals plunge"The number of approvals for mortgages tumbled in October to their lowest in nearly five years, official data has shown, the latest data to point to a rapid slowing in the property market."

Times: Labour accused of hiding numbers on national debt"BRITAIN'S national debt has risen to an alarming 85 per cent of national income under Gordon Brown, rather than falling as he has claimed, the Opposition calculates ahead of this week's Pre-Budget Report."

Guardian: The pessimists have got it wrong"If you follow the UK economy closely for any period of time, one thing becomes clear. Whenever things are going reasonably well, a competition starts up between commentators to see who can become the most pessimistic about future prospects."

Sunday Herald: Chancellor steps closer to long-term fixed mortgages"Homebuyers could see the cost of long-term fixed-rate mortgages fall if Gordon Brown announces sweeping changes to the way the mortgage market operates in his pre-Budget review this week."

This is Money - Houses I built are defective HUNDREDS of homes built by Wilson Connolly, part of the giant Taylor Woodrow group, are structurally defective, it has been claimed. The owners know nothing of any problems, but it is claimed they are living in houses that, if properly examined, would fail to meet construction quality guidelines.

Times Online - Valuation shortfalls hit home market HOMEBUYERS could find it difficult to get a big-enough mortgage because many surveyors are valuing properties below the agreed sale price.

Telegraph | Money | Economic agenda: A last hurrah for the Chancellor When he delivers the Pre-Budget Report on Thursday, Gordon Brown will surely give another one of his bravura performances. We have by now got used to the unique mixture of four ingredients: the gloating about Britain's economic performance, the frantic meddling and tweaking designed to bring about improvements in it, the injunctions about fairness and enterprise for all, and the assurances that all of this is underpinned by the cast-iron security afforded by the chancellor's own fiscal rules.

Times: Table: House-price forecasts

Times: First-time buyers warned of risk of negative equity"EXPERTS are warning homebuyers to avoid 100% mortgages now the housing market is faltering."

The Observer: Will the house price bubble burst the banks?"The deputy governor of the Bank of England, economists from Deutsche Bank and Barclays, and research company Hometrack were all queuing up last week to predict that house prices would fall - with 20 per cent providing a rough rule-of-thumb measure of the overvaluation. "

The Observer: A chance to bet the house"It's time to sort the house price bulls from the bears."

Independent - Nationwide raises fears of housing crash in 2005 Nationwide, the UK's largest building society, will warn this week that there is a 20 to 30 per cent chance of a house price crash happening next year.

Times Online - Economic Outlook: David Smith: Wobbly house prices cast a long shadow THE DAYS are getting shorter and the house-price forecasts are dropping faster than the last of the autumn leaves. Forecasts of a price crash, which began life as a minority view, are now bang in the middle of the mainstream.

HALIFAX: Best Performing Cities in UK House Prices"Halifax Estate Agencies has investigated the movements of house prices in the 66 official cities in the UK"

Guardian: UK 'outstrips Europe on cost of children'"The cost of raising a child to the age of 21 in the UK has risen to £153,620, making it the most expensive major European country to be a parent. "

Modbee.com | Housing experts say cash in now After prices in state jump 123% in 5 years, they fear bubble is about to burst

BBC NEWS | Business | House-price boom 'splits Britain' Rising house prices have made the gap between Britain's rich and poor worse, a report from charity Shelter has said.

Guardian: British economy slows sharply"Britain's economy slowed sharply in the three months to September as the manufacturing sector weakened and businesses reined in spending, official figures showed today."

Times Online: Bank's economist predicts more woe from the dollar"The warning from Charlie Bean - that the dollar may endure a further, sharp depreciation if the vast US current account deficit is to be wiped out - came as the dollar succumbed to another assault in the currency markets. "

Times: Figures deal heavy blow to Brown's pre-election strategy"With yesterday's other figures showing little trace of industrial recovery, the evidence that the housing slump is gathering pace raised anxieties over what is to fuel future economic growth if falling house prices now hit consumer demand. "

BBC NEWS: Bank sees house-price uncertainty: "'Considerable uncertainty' surrounds the UK housing market, the Bank of England's chief economist Charles Bean has warned."

Guardian: House price boom fuels social divide"Housing charity says Britain risks a return to Victorian times as millions of people are caught out by the unequal property market "

Telegraph | Money | Housing market 'to fall by 20pc' Roger Bootle, a leading City economist, yesterday warned that "the world economy is poised on a knife-edge" because the over-inflated internet bubble has simply transferred to the world's housing markets.

FT.com: Heat on Brown as data show economy faltering"Concerns that the UK recovery was fading emerged on Thursday after figures showed falling mortgage lending, disappointing business investment and a downbeat view of the economy from the CBI, the employers' organisation. "

Sky News: BANK LENDING DROPS"The number of loans agreed for mortgages tumbled 35% in October on the same time a year ago. "

Cambridge News: House prices rising despite weak market"HOUSE prices in Cambridge have risen by 3 per cent in the last month even though the housing market generally is still slowing down."

Guardian: Weak market fuels mortgage competition"Homeowners are taking advantage of the slowing property market to negotiate better deals with lenders as competition in the mortgage market intensifies, the British Bankers' Association said today. "

Times Newspaper: UK profits shrink as dollar tumbles"BRITISH companies were preparing for profits to fall as the dollar plumbed new lows last night, raising fears of a $2 pound. "

BBC NEWS: Sharp fall in mortgage approvals"The number of mortgages approved by banks fell for the fifth month in a row in October, figures have shown. "

Scotsman.com: BoE 'faces tough task to maintain stability'"THE Bank of England faces challenging times ahead if it is to respond effectively to issues such as the housing market slowdown, its deputy governor has warned."

ShareCast: Mortgage approvals down again"Mortgage approvals fell 35% in October adding further evidence to reports that the housing market is cooling rapidly. "

CBI Press Release: CBI CUTS ECONOMIC GROWTH FORECAST AS COST PRESSURES MOUNT"The CBI today (Thursday) scaled back its forecast for economic growth next year, saying the combination of high oil and commodity prices, slowing global growth and the recent rises in UK interest rates would hit demand at home and abroad causing growth to slow in 2005 before recovering modestly in 2006. "

Interactive Investor: UK 2005 GDP to grow by 2.5 pct - CBI"Chancellor of the Exchequer Gordon Brown will have to cut his growth projections for the UK economy as high oil prices and lower global growth take their toll, a leading business lobby group said today."

Sky News: BANK DOUBTS FOR HOUSING"The Bank of England says the outlook for the housing market is uncertain."

BBC NEWS: Economy 'stronger than forecast'"The UK economy probably grew at a faster rate in the third quarter than the 0.4% reported, according to Bank of England deputy governor Rachel Lomax. "

ThisisiMoney: Price warning for landlords"LANDLORDS have been sent a stark warning that they could lose thousands of pounds if they try to take advantage of falling property prices. The Financial Services Authority*, which regulates mortgages but not buy-to-let, has told investors that house price falls, and even small increases, could mean landlords will end up out of pocket. "

Sky News: BOE WARNS ON PROPERTY"One of the strongest warnings yet about the state of the property market has been given by the Bank of England."

Times: Bank warns ONS must improve or risk harm to economy"THE Bank of England last night raised the pressure on the embattled Office for National Statistics to achieve big improvements in figures vital for steering the economy. "

Thisismoney: Bank chief warns on house prices"BANK of England Deputy Governor Rachel Lomax warned of a looming fall in house prices. She said the property market was facing a 'significant slowdown'. "

Independent: Morgan Stanley slashes forecasts for house builders"Morgan Stanley cut its profits forecasts for UK house builders by as much as 27 per cent yesterday, citing cost inflation as the industry's main challenge in a flat house-price environment."

Telegraph: Deutsche warns Bank on house price danger"The property market could crash if the Bank of England does not lower interest rates, Deutsche Bank has warned."

Independent: Overview: Landlords are winning as buyers flee the field"One thing is clear: all the house pricing arrows are pointing in one direction - downwards. A recent survey by the Royal Institution of Chartered Surveyors found that 41 per cent of its members were reporting a fall - the highest number since December 1992."

Guardian: Deutsche Bank adds to property gloom"House prices will fall by around 10% to 15% over the next year and will then flatline for several years, according to a report published by Deutsche Bank today."

Council of Mortgage Lenders: First-time buyers numbers falling most sharply in the UK, new international research shows"The proportion of first-time buyers in the UK has fallen more rapidly than in any other country surveyed, according to CML research comparing international trends in housing tenure and mortgage finance. The research, published today, shows that despite falling interest rates and mortgage costs, a decade of rising house prices has seen the proportion of first-time buyers in the UK fall more sharply than in the rest of Europe, the USA and Australia."

ThisisLondon: Savills warns of property slowdown" LEADING estate agent has warned that house prices will rise by their slowest pace for nine years in 2005 as the formerly buoyant property market becomes 'less sexy'. "

TimesNewspaper: Crackdown on credit to halt sharp rise in personal debt"CREDIT card companies will be subject to tough new guidelines under measures to prevent people from running up huge debts to be outlined in the Queen's Speech today. "

Times: Housing foundations remain rock solid"HOUSE prices have stalled, giving rise to speculation in the media that a property crash is around the corner. Adopting a similar line, the Bank of England has predicted that, although prices could fall 'modestly' for a period, the outlook was 'extremely uncertain'. "

ThisisMoney: Bank warns of house price crash"BRITAIN faces a full-blown property crash unless the Bank of England cuts interest rates next year, a City bank has warned. "

Sky News: TOUGH TIMES FOR HOMES"The housing market is looking bleak. Sellers are bing warned that prices are falling and they must expect a 'painful' spell before the market finds a level at which buyers will move in again."

Find a Property: Lenders At Odds On Market"Barclays bank predict price falls next year, but the Nationwide is more bullish about the prospects for the housing market...

thisisgrimsby: HOUSING BOOM PRICING PEOPLE OUT OF MARKET" is the second-highest rise nationally for urban house prices and is not perceived as a good thing by politicians. Grimsby MP Austin Mitchell and Cleethorpes Conservative candidate Rachael Lake spoke about problems facing first-time buyers on television yesterday."

Scotsman.com: Scots owners 'will escape property crash' "HOMEOWNERS in Scotland will escape a predicted 20 per cent crash in the property market, it was claimed today."

Guardian: Home sellers warned of 'painful' spell"The housing market is set for an 'ugly' couple of months as it hits a bout of turbulence before making a soft landing, it was predicted today. "

BBC NEWS: Government 'must lower tax cost'"The Institute of Directors has claimed that the Government's 'tax and spend' policies are damaging the UK economy"

ThisisLondon: Revealed: how your house price has fallen "In one area prices have fallen by 20 per cent in just four months. "

Western Daily Press: WEST HOME PRICES WILL FALL £12,000 A YEAR"West homeowners are facing a dramatic fall in property prices that could see the average house drop £12,000 in value by next year, a leading bank warned yesterday. Barclays, the UK's fifth largest mortgage lender, predicts property prices will plunge by the same amount in 2006 and 2007, a total drop of 20 per cent in three years. The slump will put a sharp brake on consumer confidence and affect spending."

"in2perspective:A greater correction is on the way""The report said the figures 'suggest a rather greater correction is on the way than has been reported by the big lenders to date.' "

Times: Pound's strength could be its weakness"Amid all the talk of a weakening dollar, the impact on the pound has been overlooked. The key questions have been how far the dollar will slide against the euro and the yen, and how quickly the Chinese will unpeg the yuan (which has the makings of a fourth rhino) from the dollar. "

Times Newspaper:"HOMEOWNERS suffered another bad month in November as house prices fell by an average of 1.7 per cent , according to Rightmove, the property website. "

This is Monkey: House prices take a fall ASKING prices for British homes fell 1.7% in the month to mid-November cutting the annual rise in property prices to its lowest since February, according property website Rightmove.

BBC NEWS | Business | Barclays warns of house price dip UK house prices are "coming off their peaks" and may fall by 20% in the next three years, Barclays Bank has said.

this is exeter - ESTATE AGENTS SHUT FOR GOOD An Exeter estate agents which had been due to open a new branch in Crediton on Monday has closed after less than a year in business.

Sky News: NEW HOUSE PRICE WARNING"House prices could fall by 20% over the next three years and halt the UK's consumer spending boom, Barclays has warned. "

The Observer: Dividend-driven markets defy downturn"House prices now look all but certain to fall; companies as diverse as Dixons, French Connection and Northern Foods are warning that business is getting ever tougher; here, economic experts are convinced that the Chancellor will break his 'golden rule' of not borrowing to finance public spending; across the Atlantic, both government and personal borrowing have reached dizzying records, helping to push the dollar ever lower. "

Sunday Times: Slow growth ‘to hit City jobs’"THE revival in City jobs is set to fade under the impact of slower growth in the world economy, according to new, detailed projections to be published this week. "

Times Online - Sunday Times BARCLAYS Bank will this week become the first big mortgage lender to warn homeowners that property prices could fall sharply over the next two years — by as much as 20%.

Telegraph | News | At last: good news from the housing market - estate agents are starting to lose their jobs Hundreds of estate agents have lost their jobs because of stagnating sales and the slump in the housing market.

Telegraph | Money | Estate agents on skid row The estate agency market is as a bad as it has been at any point in the past thirty years and 1,000 agents could go out of business. Grant Ringshaw explains why.

Independent: Doomsayers raise ghosts of '92, but optimists say housing is set to turn the corner"Fewer loan completions and falling prices - the UK housing market seems to have got what it wished for."

BBC: Pensioners 'banking on property'"Rocketing house prices mean many homeowners are planning their pensions around the profits, a survey suggests."

Business Echo: 'International factors threaten UK stability'"Dr Vincent Cable expressed concerns about the impact of rising oil prices, the plummeting dollar and an imminent house price collapse."

Citywire: Countrywide warning increases tension"Countrywide provides more evidence of the cooling impact of higher interest rates on the housing market as it tumbles 7% on a profits alert."

Guardian: The great house price boom turns into busted flush"Estate agency group shocks city with profits warning as survey shows prices falling in almost every region "

Economist: The shocks of 2005 Two big risks threaten economies around the world in 2005: a new surge in oil prices and a higher-than-expected rise in interest rates. The shock would be nastier for some than others. Here’s where the pain might hit.

House Price Crash forum: The Economist - Predictions For 2005House prices have lost touch with reality. In 2005 they will come back down to earth

Malton Today: House boom goes on"HOUSE prices have gone through the roof in Ryedale this year and it is first-time buyers who are being hardest hit."

Guardian Unlimited Money: Study shows house price falls continue"Another day, another house price discussion. Yesterday, Nationwide said prices would increase by 5% next year, while today a property research company reported a fall in house prices for a fifth month in a row and said further declines were 'inevitable'."

Reuters: UK's Countrywide shares plunge on profit warning"Shares in Countrywide Plc CWD.L plunged 11 percent on Friday as the British property services firm issued its third profit warning in 100 days, citing buyers' uncertainty over interest rate hikes and house price falls."

Sky News: HOME PRICES BOOM 'OVER'"A property research company has reported a fall in house prices for the fifth month in a row and said further declines were 'inevitable'."

ThisisMoney: Alert shocks property market"CONFIDENCE in the housing market suffering two major blows today. The first came from Britain's biggest chain of estate agents, which issued a devastating profits warning after its house sales slumped by a third last month. "

BBC NEWS: Average house price tops £100,000"All regions of Scotland now have an average residential property price in excess of £100,000 for the first time, according to latest figures"

Reuters: UK house prices down for fifth month"Asking house prices in England and Wales fell for a fifth straight month in November, down 0.6 percent, research company Hometrack said on Friday, further evidence that Britain's housing boom is over."

ThisisMoney: House prices continue to fall"HOUSE prices fell for the fifth consecutive month in November as the number of unsold properties on the market soared."

ThisisMoney: House price fears for builders"FALLING house prices and spiralling construction costs will see housebuilders blown off target to build hundreds of thousands of extra new homes in the South-East."

Sky News: HIGH STREET SALES DROP"New figures have underlined the uncertain picture for retailers with sales in October falling further than expected."

ic Wales: House prices in first falls for 8 years"HOUSE prices in Wales have shown their first sign of decline in more than eight years in October."

icnetwork: Council tax to soar after the house boom"COUNCIL tax bills in some areas will rise dramatically, thanks to the house price boom, say experts."

Find a Property: First-timers On The Rise"First-time buyers accounted for 32 per cent of loans for house purchase in October, the highest proportion since April 2003, says the Council of Mortgage Lenders..."

Guardian: Rate rises 'slow mortgage lending'"Interest rate increases in the past year have succeeded in putting the brakes on the property market, figures published today suggest."

Reuters: Housing crash seen unlikely"The housing market should avert a crash and prices will most likely stabilise or fall moderately from current levels over the next year, according to a Reuters poll of 21 economists."

Times Newspaper: Unemployment up for first time in 18 months "THE rate of unemployment has passed its lowest point and is on the rise, claimant count figures suggested yesterday. The Office for National Statistics (ONS) also showed yesterday that wage inflation was waning, fuelling speculation that interest rates might have peaked."

Reuters: Nationwide sees 2005 UK house prices rising 0-5 pct"British house prices will rise by up to 5 percent next year and will not fall, Nationwide Building Society NAT.UL , Britain's biggest customer-owned lender, said on Thursday."

Guardian: Jobless rise may keep rate pegged"The number of people out of work and claiming benefit rose for the first time in 15 months in October as Britain's long downward trend in unemployment came to a stuttering halt, official figures showed yesterday. "

Times Business - Kodak sheds 500 more British jobs KODAK announced the closure of five laboratories at a cost of 500 jobs last night — the second time the camera maker has cut staff in the UK this year.

The Herald: UK dole claims jump in October A surprise rise in UK claimant count unemployment in October sparked concerns yesterday that the job-creation engine that has been helping to sustain house prices and economic growth could be running out of steam.

Scotsman.com: Industry Still Fears for Jobs Despite Record Low"Both sides of industry tonight voiced concern about the growing number of people who have stopped looking for work, which marred new figures showing that unemployment had fallen to a record low."

expressandstar.com: MP fears slump in house prices"Lichfield MP Michael Fabricant fears that many people in the city could be facing the nightmare of negative equity - despite its continuing boom in house prices. "

in2perspective: Does the stalling London property market signal the return of the first-time buyer?"As London property prices stall or fall could this spark the return of the first time buyer? Guest writer Fred Drew of geta2ndopinion.com looks at both sides of the argument"

in2perspective: MPC unanimous in rate freeze "The Monetary Policy Committee (MPC) today said that its decision on interest rates a fortnight ago had the full support of its members for a seventh month in a row."

themovechannel: First-time buyer age set to fall"Despite increasing student debt, low earnings and having to scrape together a large deposit, Britons in their twenties are the most buoyant about buying a property within the next two years reveals Alliance & Leicester Mortgage's movingimproving index."

ThisisMoney: High Street fears on house prices"WITH JUST five shopping weekends to Christmas, festive jitters are jangling Britain's army of retailers. What makes this year even more nerveracking than usual is that the most critical trading period is coinciding with the start of a slide in house prices. "

Thisismoney: High Street fears on house prices"WITH JUST five shopping weekends to Christmas, festive jitters are jangling Britain's army of retailers. What makes this year even more nerveracking than usual is that the most critical trading period is coinciding with the start of a slide in house prices. "

Thisismoney: High Street fears on house prices"WITH JUST five shopping weekends to Christmas, festive jitters are jangling Britain's army of retailers. What makes this year even more nerveracking than usual is that the most critical trading period is coinciding with the start of a slide in house prices. "

Times Newspaper: Global economy to slow sharply next year, says the World Bank
"THE growth of the world economy is poised to slow sharply next year as oil pressures continue and China attempts a "soft landing", the World Bank said yesterday. "

Times Newspaper: Rates may stay on hold despite high petrol price "THE highest petrol prices for four years and rising household energy costs helped to push inflation up a notch in October, but analysts said that interest rates were still likely to stay on hold into next year"

ThisisMoney: Home front survival "CONFIDENCE in the housing market is plummeting. Surveys show prices falling for the first time in three years, while homes are taking longer to sell. The gloomiest prediction is that values could plunge by 30%."

Independent: Oil price rises push up inflation as house market cools "Higher oil prices pushed up inflation in the UK and sent factory prices in the US to a 15-year high, according to official figures released on both sides of the Atlantic yesterday."

Telegraph: It's too soon to clamour for the Bank to lower rates "So that's it then. A gentle slowdown in the property market is on the cards, and we can look forward to a nice relaxing break in the interest rate cycle. The next move is likely to be downward. But not yet."

ePolitix.com: Economic slowdown 'highly likely' "The chancellor has been warned that the economic outlook has taken a turn for the worse over recent months."

Guardian: Oil rise saves King the cost of a stamp"The rise in the cost of petrol prevented inflation falling below 1% last month, saving the governor of the Bank of England, Mervyn King, from having to write an explanatory letter to the chancellor."

Reuters: Sterling grazes 11-month low vs euro, beats dollar: "Sterling briefly fell to an 11-month low against the euro on Tuesday after a sharp fall in UK house prices, but it gained some ground versus the struggling dollar."

FT Adviser: 'Jittery outlook over housing blamed for confidence slump'"Investor confidence in the UK has slumped over falling oil prices and a 'jittery' outlook for housing, according to JPMF. This is despite signs that the Bank of England may not announce a further rise in interest rates before 2005."

IFAonline: A tale of tough markets - home tax hike and falling prices threats"Participants in the housing market have been hit with a double blow today with calls from charity Shelter to double council tax rates on second homes,while figures from the Royal Institute of Chartered Surveyors suggest sales are down to 1992 levels."

Reuters: Inflation rises as utility charges soar"Annual inflation rate edged higher in October as record oil prices caused gas, electricity and other household bills to climb at their fastest rate in at least seven years, official data has showed."

Yorkshire Post: Sharp rise as more people declare themselves bankrupt "This shift in attitudes probably explains the dramatic increase in the numbers of people declaring themselves bankrupt.
Across Yorkshire, the number of people petitioning for their own bankruptcy has increased by 27.1 per cent year-on-year."

Independent: Housing crash fear drives down prices"Surveyors say October was worst month since 1992 - Transactions at nine-year low as buyers suffer nerves"

THE FULL RISC REPORT:Housing market weakens but surveyor confidence stabilises"House prices continue to adjust downwards. The balance of surveyors reporting a decline in prices for October was the lowest reading since December 1992."

RICS housing market survey October 2004"House prices continue to fall nationwide, reports an RICS (Royal Institution of Chartered Surveyors) survey of the UK housing market, published today (Tuesday 16th November)."

Guardian: Rics adds to house price dejection: "The house price gloom shows no sign of abating, with new research published today showing the number of chartered surveyors reporting price falls at a 12-year high. "

Times Online - House prices fall fastest since 1992 Scared off by rising interest rates, first-time buyers have delayed joining the market. HOUSE prices are falling at their fastest rate for 12 years as buyers hold back, a leading survey indicates today.

FT.com / World / UK - UK house-price falls gather momentum: " falls are gathering momentum and are spreading across the UK, according to a monthly poll of surveyors which on Monday delivers its gloomiest reading for nearly "

Telegraph: Investors dip their toes back into equities "There are signs that private investors are venturing back into the stock market after a long period of flat demand. Daily trading volumes have risen by more than 15 per cent since late September, according to figures to be released this week by ComPeer, the financial analyst."

ThisisMoney: Millionaires' house prices down again "HOUSE prices in London's most sought-after areas fell for the second month in a row in October. "

Times: Bad news gets worse for gloomy retailers "SHOPKEEPERS are being squeezed by rising costs and falling prices, making retail the most likely stock mar