Thursday, Jan 08, 2015

House prices: Affordability ceiling and 'deluded' sellers stall the property market

Telegraph: UK Housing - more 'props' than United Artists Pictures

House price rises are slowing after hitting an affordability ceiling for many parts of the UK, according to new figures from Halifax - but sellers are still "delusional" about the valuations they can demand. Values in the last three months of 2014 were 0.3% higher than in the previous three months, making December the fifth consecutive month in which the quarterly rate of increase declined.

Posted by hpwatcher @ 01:54 PM (2083 views)
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