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Rate rises threaten recovery

Language: English Series: Financial Times ; 3 August 1994, 6(1)Publication details: 1994Subject(s): Summary: Figures from the Halifax and Nationwide Building Societies show that house prices rose slightly in July. But the housing market remains weak and both building societies predict that a rise in interest rates would threaten further recovery.

Figures from the Halifax and Nationwide Building Societies show that house prices rose slightly in July. But the housing market remains weak and both building societies predict that a rise in interest rates would threaten further recovery.