Monday, Nov 20, 2006

Confidence slipping

Firstrung: Confidence in the housing market slipped in November as buyers and sellers absorb base rate rise impact

Confidence in the housing market slipped in November as home buyers and sellers absorbed the news that base rates had risen to 5% and that further increases may be on the way. On average, respondents to's November survey expect house prices to rise 5.2% over the next 12 months, down from 5.5% in October.

Posted by converted lurker @ 02:14 PM (2801 views)
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