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Housing market outlook optimism overdone

By: Language: English Series: Property Forecast ; 9(2) February 2006, 3-4(2)Publication details: 2006Subject(s): Summary: There has been a reported house price growth over the last few months. As a result, there is a renewed sense of optimism over the prospects of house-buying in the UK. But rising levels of unemployment, static interest rates and stretched affordability levels are also lurking in the background. This article examines the latest housing trends and asks whether there is too much confidence in the stability of the current market.
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Journal article London Journal article L132770 (Browse shelf(Opens below)) 1 Available 132770-1001

There has been a reported house price growth over the last few months. As a result, there is a renewed sense of optimism over the prospects of house-buying in the UK. But rising levels of unemployment, static interest rates and stretched affordability levels are also lurking in the background. This article examines the latest housing trends and asks whether there is too much confidence in the stability of the current market.