NEWS

House sales drop to eight-year low - NAEA

The number of homes changing hands fell to an eight-year low during December as the severe winter weather exacerbated an already subdued housing market, according to the National Association for Estate Agents (NAEA). A combination of the bad weather and the approach of Christmas led to the average ... More

14-01-2011

Interest rates: what the economists say - The Guardian

Good article in the Guardian which looks at interest rates. Experts broadly agree that the Bank of England's monetary policy committee has struck the right balance. Click here for more.... More

13-01-2011

Hometrack forecasts flat mortgage market - Negotiator

Hometrack has forecast 1.2 million mortgage approvals for this year, which it expects to mirror the transaction volumes to be reported for 2010. The housing intelligence firm expects this forecast to comprise 575,000 new home loans, 355,000 remortgages and 270,000 other loans secured against ho... More

12-01-2011

House prices to fall to 2004 levels - Telegraph

House prices this year will plunge as much as 10%, to their lowest level since 2004, after suffering a far sharper decline than expected last month, according to the Daily Telegraph. Prices fell 1.3% between November and December, Halifax said – far more than the 0.4% widely forecast &nda... More

11-01-2011