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Soft landing likely

Series: Nationwide Monthly Review ; December 2002, (3) | Council of Mortgage Lenders Press Release ; 2 December 2002, (2)Publication details: 2002Subject(s): Summary: 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
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3845-14 (Browse shelf(Opens below)) 1 Available 120679-1001

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