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Election uncertainty puts dampener on housing market Prices set to track sideways supported by thin volumes [electronic resource]

By: Language: English Series: Hometrack Monthly National Housing Survey ; 31 May 2010Publication details: 2010Subject(s): LOC classification:
  • 306.1 $2 18
Online resources: Summary: Volume of sales agreed, supply and demand activity affected by uncertainty of May 2010 General Election. Nationally, average house prices rose by 0.2% in May following a similiar increase in April. Year on year rate of growth stands at 2%. Higher interest rates and possible changes in capital gains tax may effect stability of market.
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Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 150104-2001

Volume of sales agreed, supply and demand activity affected by uncertainty of May 2010 General Election. Nationally, average house prices rose by 0.2% in May following a similiar increase in April. Year on year rate of growth stands at 2%. Higher interest rates and possible changes in capital gains tax may effect stability of market.