Friday, Mar 04, 2016

Mortgage lenders show UK house prices heading in opposite directions

Guardian: Mortgage lenders show UK house prices heading in opposite directions

Hansen Lu, a property economist at Capital Economics, said the monthly figures from both lenders suggested that the increased activity in the market “may, at least so far, be having only little impact on prices”.
He said this could be because prices were already so high that buyers were unable or reluctant to keep bidding up prices. “Other buyers, especially those purchasing for the first time, may be delaying until competition in the market cools after the April stamp duty deadline – helping to keep a lid on price growth,” he added.

Posted by becky @ 12:28 PM (2701 views) Add Comment

3 Comments

1. cornishman said...

"...and despite reporting a fall for February, Halifax said prices were rising at a robust pace..."

Friday, March 4, 2016 12:39PM Report Comment
 

2. libertas said...

Halifax has a higher annual rate of growth than Nationwide with Nationwide have a higher monthly rate of growth than Halifax.

This is simply different indexes showing their natural variation. Nothing to see here. Nothing here shows the sign of any change in trend.

Saturday, March 5, 2016 10:10PM Report Comment
 

3. Smell The Coffee said...

it's still the first reproted fall anywhere for how long?!

Saturday, March 5, 2016 10:21PM Report Comment
 

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