lettings appletons on 30 Aug 2007 10:50 am
Housing slow down
The recent data from Nationwide shows that there are clear signs of a slow down in the housing market. Although the house prices have gone up 0.6% in August, Nationwide says that the annual house price inflation has fallen down to 9.6% from 9.9%.
These finding have been backed up by separate sets of data that has recently been published by Halifax and by the Land Registry as well.
The recent actions that the Bank of England have taken seem to be the key factor in this.
