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Price rises stall in June on weaker demand and Eurozone fears [electronic resource]

By: Language: English Series: Hometrack Monthly National Housing Survey ; 2 July 2012Publication details: 2012Subject(s): Online resources: Summary: No changes in house prices in June 2012. Economic uncertainty and the beginning of the seasonal summer slowdown saw new buyer registrations record the first month-on-month decline for five months. Overall demand fell by 0.5% in June. The supply of homes for sale continues to grow. Demand is set to decline further over the summer as the seasonal slowdown begins to kick in. As a result the balance between supply and demand is set to widen, putting further downward pressure on prices.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 156775-2001

No changes in house prices in June 2012. Economic uncertainty and the beginning of the seasonal summer slowdown saw new buyer registrations record the first month-on-month decline for five months. Overall demand fell by 0.5% in June. The supply of homes for sale continues to grow. Demand is set to decline further over the summer as the seasonal slowdown begins to kick in. As a result the balance between supply and demand is set to widen, putting further downward pressure on prices.