House prices are finally beginning to cool, suggest the latest statistics from Nationwide, but the v...
House prices are finally beginning to cool, suggest the latest statistics from Nationwide, but the value of homes will still be 25% higher by the end of 2002 than they were at the beginning of the year. Property values rose by 1.4% between September and October, says Alex Bannister, Nationwide's group economist, yet this was the lowest month-on-month change since March, which indicates the market may finally be slowing down. Indications are the South-east is still seeing the most rapid growth of house prices, however there are now concerns that further UK job cuts could soon affec...
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