Societies see drop in value of houses
Language: English Series: Times ; 3 December 1994, 23 | Financial Times ; 3 December 1994, 4 | Sunday Times ; 4 December 1994, 1:8(3)Publication details: 1994Subject(s): Summary: The Nationwide and Halifax building societies both report a further fall in house prices for November reflecting the aftermath of the 0.5% base rate increase in September. Measures in the 1994 Budget will further delay a housing upturn. However, independent research carried out by John Adams and UBS predicts that house prices will increase by up to 11%. Regional variations are noted.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3046-18 (Browse shelf(Opens below)) | 1 | Available | 23459-1001 |
The Nationwide and Halifax building societies both report a further fall in house prices for November reflecting the aftermath of the 0.5% base rate increase in September. Measures in the 1994 Budget will further delay a housing upturn. However, independent research carried out by John Adams and UBS predicts that house prices will increase by up to 11%. Regional variations are noted.