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House Price Increase Could Be Sign Of Slowdown - Halifax

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House price increase could be sign of slowdown - Halifax

Wednesday 8th March 2006: 14:00

The housing market saw an increase in February, but a fall in the previous month suggests a mixed pattern which could be a sign of a slowing housing market, according to the Halifax.

Spin at its very finest. :lol:

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Damn... that's good! Given the strength of the Rightmove index this can only mean one thing... a rise in interest rates to keep the "flying off the shelves" market from boiling over.

It seems they want it both says, like simultaneously being day and night.

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A number of factors should constrain housing demand, as council tax and utility bill increases of well above inflation will put downward pressure on householders’ finances. And additionally the weakening labour market should temper housing demand.

Hrm, we could all rush out and buy if it wasn't for that pesky council tax or £40 gas bill! What other reason could explain it?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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