Friday, Oct 12, 2007
Selling prices now falling in half the regions ...
FT.com: UK housing market slows in September
The national housing market slowed significantly in September, hit by the credit squeeze and the delayed impact of interest rate rises, according to the FT house price index. Prices in England and Wales grew 0.3 per cent in September compared with 0.4 per cent in August. The annual growth rate fell to 8.8 per cent from 9.4 per cent in August, taking the cost of the average home to £225,826. House prices fell slightly in half the regions of England and Wales in the last three months.
Posted by uncle chris @ 11:12 PM (346 views) Add Comment
3 Comments
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1. David Smith's Sub Prime. . . said...
Interest rate cuts it is then...
2. David Smith's Sub Prime. . . said...
Bugger the inflation that this will cause....
3. David Smith's Sub Prime. . . said...
And the even bigger debt fest....