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Reversal in housing market conditions set for 2011 H2 time on market suggest pricing across most regions to remain weak [electronic resource]

By: Language: English Series: Hometrack Monthly National Housing Survey ; 2 May 2001Publication details: 2011Subject(s): LOC classification:
  • 306.1 $2 18
Online resources: Summary: House prices remain unchanged, the first time since June 2010. An increase in demand coupled with a strong growth in the number of sales agreed over the first quarter of 2011 has provided a boost to market confidence and eased the downward pressure on prices. Predicts that the increase in demand for housing is unlikely to be sustained over the rest of the year as consumer confidence weakens and household incomes remain under pressure. Together with rising supply this will put house prices under renewed downward pressure.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 152843-2001

House prices remain unchanged, the first time since June 2010. An increase in demand coupled with a strong growth in the number of sales agreed over the first quarter of 2011 has provided a boost to market confidence and eased the downward pressure on prices. Predicts that the increase in demand for housing is unlikely to be sustained over the rest of the year as consumer confidence weakens and household incomes remain under pressure. Together with rising supply this will put house prices under renewed downward pressure.