Monday, Nov 20, 2006

House price rises decelerating?

Times Online: Rising interest rate brings autumn chill to housing market

Rises in house prices have slowed and confidence in the housing market has receded over the past month as it digested the implications of the Bank of Englands interest-rate rise, two studies published today show.

Posted by jellycaster @ 08:24 AM (440 views)
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1. talking rot said...

Alternatively, the decline in interest could be due to seasonal figures. Bizarrely people wanting to buy a house are put off by rain and wind. Yet this is the largest financial decision most people make. I was under the impression a change in interest rates took many months to feed through.

More poor reporting.

Monday, November 20, 2006 09:07AM Report Comment

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