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Realistbear

Fed Issue House Price Cooling Alert As Most Areas Slow

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http://www.iii.co.uk/news/?type=afxnews&ar...&action=article

WASHINGTON (AFX) --
Home sales and construction are slowing in most regions of the nation
, according to anecdotal accounts reported by the 12 Federal Reserve banks on Wednesday in the Beige Book.
"Most districts report cooling and moderation in their residential real estate markets," the Beige Book said. "In general, year-on-year price appreciation seems to be lower than in quarters past, with [Fed banks in] San Francisco, Cleveland, Kansas City, Richmond, New York, and Boston all reporting more modest price growth in residential sales."

:o

( :lol: )

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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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