000 01230cam a2200229 4500
008 030206n2003 000 0 eng u
035 _a(Sirsi) u121257
245 _aHalifax house price index
260 _c2003
490 _aHalifax Building Society Press Release
_v 5 February 2003 (1)
520 _aShows house prices rising by 1.5% in January demonstrating that the market remains strong. The number of transactions and mortgage approvals confirm this trend. Three of the most important measures of the housing market, those of unemployment, interest rates and affordability show that the UK housing market is in good shape. Affordability in particular remains very good with mortgage payments representing 15% below gross earnings for a typical new borrower, well below the long run average of 22%. For the press release: http://www.hbosplc.com/view/housepriceindex/nationalcommentary.asp
590 _aWB
650 _aHALIFAX HOUSE PRICE INDEX
650 _aHOUSE PRICES
650 _aBANK BASE RATES
650 _aUNEMPLOYMENT
650 _aINTEREST RATES
650 _aAFFORDABILITY
650 _aPROPERTY TRANSACTIONS
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942 _n0
999 _c72068
_d72068