Thursday, 9 December 2010

Signs of property market bottoming out | This is Money

Signs of property market bottoming out | This is Money

House prices fell 0.7% in the three months to November compared to the same period last year, figures revealed today.

But Halifax also said prices dipped just 0.1% last month, encouraging hopes that the housing market is bottoming out.
The country's leading lender said there were signs homeowners were becoming more reluctant to put properties on the market, which would help to rein in falls.

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