- Friday, March 28, 2008, 18:51
- Mortgages
Nationwide this week released a report showing that UK house prices are rising at the slowest rate for twelve years. Typical house prices have fallen to an average of £179,100 – a drop of 0.6%. These findings are providing yet more evidence that the UK housing market is heading for a ‘sharp correction’, as happened last year in the US with the collapse of the ...
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- Thursday, January 3, 2008, 12:03
- Mortgages
Experts have been predicting the downturn of the housing market for around 18 months now, since interest rates began to rise mid 2006. With house prices rising seemingly endlessly across the country all the while and sellers laughing all the way to the bank, this may seem another weary reiteration of the same old news in new shoes, but Nationwide have reported that house prices ...
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