Tuesday, Mar 13, 2007

Higher interest rates finally put brake on house price increases

Independent: RICS data shows inflation down

Data published by the Royal Institute of Chartered Surveyors shows that house price inflation has pulled back somewhat, and new enquires from potential buyers have decreased. This is possibly due to the successive interest rate rises at the end of last year an in january. Up until this data was released, it was unclear whether the interest rate changes were really doing their job.

Posted by jellycaster @ 08:45 AM (117 views) Add Comment

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