Thursday, Jun 07, 2007
Cooling houing may stay the rate rise according to Halifax
FT.com: House prices rise at slowest pace this year
Recent rises in the cost of borrowing have started to temper activity in the housing market, Halifax said on Thursday, as it revealed prices rose in May at the slowest pace so far this year. In its latest survey of the residential property market, the lender said the average price of a home was £196,893 last month, an increase of 0.3 per cent from April.
The survey chimes with other recent data that have shown price rises cooling and lower demand for mortgages.
Posted by dohousescrashinthewoods @ 12:01 PM (293 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.