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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.

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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