Soft landing likely
Soft landing likely
- 2002
- Nationwide Monthly Review December 2002, (3) Council of Mortgage Lenders Press Release 2 December 2002, (2) .
Nationwide's monthly review of house prices reports a continuing price rise of 2% in November 2002, with an annual growth rate of 25.5%. Nationwide and the Council of Mortgage Lenders (CML) predict a gradual slowdown in the housing market for 2003 due to affordability constraints, labour market conditions, and rises in interest rates. Graphs. www.nationwide.co.uk/hpi/hpindex/monthlymenu.htmwww.cml.org.uk/servlet/dycon/zt-cml/cml/live/en/cml/press_releases_2002_1202
HOUSE PRICES
NATIONWIDE
COUNCIL OF MORTGAGE LENDERS
Nationwide's monthly review of house prices reports a continuing price rise of 2% in November 2002, with an annual growth rate of 25.5%. Nationwide and the Council of Mortgage Lenders (CML) predict a gradual slowdown in the housing market for 2003 due to affordability constraints, labour market conditions, and rises in interest rates. Graphs. www.nationwide.co.uk/hpi/hpindex/monthlymenu.htmwww.cml.org.uk/servlet/dycon/zt-cml/cml/live/en/cml/press_releases_2002_1202
HOUSE PRICES
NATIONWIDE
COUNCIL OF MORTGAGE LENDERS