House prices falling as squeezed middle feel the pain [electronic resource]

House prices falling as squeezed middle feel the pain [electronic resource] - London Knight Frank 2011 - Knight Frank/Markit House Price Sentiment Index .

UK house prices are perceived to have fallen for the 15th consecutive month in September, but at the slowest pace since July 2010. Expectations for house price growth over the next 12 months rose to the highest level in over a year. Households in the South East and London are most upbeat about the prospects for house prices, while those in the East Midlands are gloomiest. Households in the South East and London are most upbeat about the prospects for house prices, while those in the East Midlands are gloomiest. Households earning between £23 000 and £34 500 expect house prices to fall over the next year while those on higher and lower incomes expect prices to rise. Findings based on household sentiments rather than on transactions and mortgage market.


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