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House Prices Fall For Eighth Month
By Matt Falloon LONDON (Reuters UK) - House prices fell for an eighth straight month in June to stand more than 7 percent below the peak hit last year, a survey showed on Tuesday, adding to expectations that the once-booming market may crash. The Nationwide building...
Tags: Housing Market, Economist, Houseprices, Oukbs
News items 2008-07-01

Additional Resources

Fed stymied on rates by price rises and faltering economy
The Federal Reserve began its two-day meeting to decide on the next move for US interest rates, amid some of the worst consumer confidence and house-price data on record. But, while the deteriorating economy might tempt members of the Federal Open Market Committee to propose a rate...
Articles 2008-06-25
Personal Loans 2000 Market Assessment 2008
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c92987) has announced the addition of "Personal Loans 2000 Market Assessment 2008" to their offering. The UK consumer credit market, along with other forms of borrowing, increased strongly in the early years of the 21st century. However, the growth rate has since...
Articles 2008-05-27
House-price fears push lenders to tighten screws on borrowers
Three-quarters of mortgage products disappear from the high street, as Bank of England plans Pounds 50bn bail-out Amid news yesterday that the Bank of England is preparing a 50bn support package for high street lenders, it emerged that UK banks have tightened the screws on borrowers by...
Articles 2008-04-20
House price falls the worst on record
House price falls hit their worst level for at least 30 years in March as economic uncertainty and lack of mortgage finance deterred buyers, Royal Institution of Chartered Surveyors figures show today. The Rics house-price balance worsened for the eighth straight month with 78.5 per cent more...
Articles 2008-04-15
MARKET NEWS
GOING UP... The amount of money that the Treasury makes from stamp duty is set to continue rising, despite the slow-down. The projection for 2007-2008 is 7.3bn, and for 2008-2009 the figure rises to 7.6bn. Halifax calculates that over the past five years, annual residential stamp duty...
Articles 2008-04-02
MORTGAGE CLINIC
'I'm returning to Wales after spending some years abroad in Chile. Obviously, I'll need to get a job before I can secure a mortgage, but must I work for six months to prove that I can support repayments? Or could I get the money straight away? I have a deposit...
Articles 2008-03-12
The hidden economics of relationships, drug dealing and more
The Monday Book THE LOGIC OF LIFE By Tim Harford LITTLE, BROWN, Pounds 18.99 Order for Pounds 17.09 (free p&p) on 0870 079 8897 Want to know why people smoke cigarettes? Or why bosses are overpaid? Or why it would be a...
Articles 2008-02-25
Surveyors' report fuels housing fears
Fears that the UK could be heading for its worst housing recession since the early 1990s grew yesterday with the release of the latest survey of the market by the Royal Institution of Chartered Surveyors Rics. The Rics house-price balance dropped to its lowest level since November...
Articles 2008-01-16
MARKET NEWS
GOING UP... Savvy female landlords. A new survey reveals that 41 per cent of buy-to-let investors are women. The Alliance & Leicester study shows that women are more cautious than men when it comes to property investment, and more likely to be in it for the long-term....
Articles 2008-01-16
November House Price Index.
M2 PRESSWIRE-3 January 2008-UK Government: November House Price IndexC1994-2008 M2 COMMUNICATIONS LTD RDATE:03012008 House price information from Land Registry The November House Price Index will be published at http://www.landregistry.gov.uk/houseprices/ on Thursday 3 January 2008 at...
Articles 2008-01-03
Fewer transactions and small monthly price increase reflects calmer housing market.
M2 PRESSWIRE-3 January 2008-UK Government: Fewer transactions and small monthly price increase reflects calmer housing marketC1994-2008 M2 COMMUNICATIONS LTD RDATE:03012008 House prices in England and Wales increased by 0.6 per cent in November, taking the average house price to...
Articles 2008-01-03
Crunch point: don't let your bank pull a fast one
New Year is supposed to be out with the old and in with the new, but the financial hangover from 2007 may prove tough to shake off. For thousands of families' personal finances, this has been a turning-point year. The boom in house prices came to an...
Articles 2007-12-30
Buyers' market for Chch houses
Housing has become a buyers' market in Christchurch, with averageprices dropping by $5000 in the latest Quotable Value QV survey. The state-owned valuer's survey records a fall in average pricesfor Christchurch from $365,152 in the three months to October to$359,891 in the three months to November. The price...
Articles 2007-12-10
HOUSE PRICES_Biggest monthly decline for 12 years
More evidence has emerged that the property market is turning sour. The Nationwide has reported that house prices slumped 0.8 per cent in November - the highest monthly fall seen by the building society since 1995. Fionnuala Earley, chief economist at Nationwide, said: "Poor...
Articles 2007-12-02
Lower sales at Barratt add to gloom over housing market
By Nikhil Kumar Barratt Developments warned of more gloom in the housing market yesterday, saying that the tightening caused by interest rate rises and the credit crunch was continuing. In interim results covering the 19 weeks from 1 July, the house builder revealed that...
Articles 2007-11-20
Irish cream
NEIGHBOURHOOD WATCH Belfast's housing boom has been the fastest in the UK. Should you buy there while you can? Paul Gosling reports Belfast is perhaps the most rapidly changing city in the UK. Peace has brought prosperity, and ambitious regeneration schemes are changing...
Articles 2007-11-14
Britain's price map - redrawn
The North-South divide has moved. So where are the bargains now? Jimmy Lee Shreeve reports A study by Sheffield University has redrawn the social map of Britain. After studying wealth, health, property prices and education, a new division between North and South has been plotted. This...
Articles 2007-11-07
Housing hiccup will not last long.
The fall in the value of the average UK house and a slowdown in the annual rate of house-price growth reflects uncertainty in the UK property market, according to the latest Assetz house price index. The index highlighted a decrease in the average price...
Articles 2007-11-01
MPC's Barker plays down housing fears
By Sean O'Grady Odds on a cut in interest rates lengthened yesterday. Most economists took remarks in a speech made by Kate Barker, a member of the Monetary Policy Committee, to mean that a reduction in the base rate from 5.75 per cent was unlikely at the...
Articles 2007-10-24
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