Property prices: What to expect - news and predictions | Mail Online
House prices are under pressure, yet Nationwide's May report shows house prices having recovered all the ground lost since last August.
That compares to the Halifax saying the average house price had fallen at its fastest yearly rate in nearly two years, in the same month, down 4.2 per cent.
The latest Rightmove report stated that home sellers' expectations have 'romped away from reality' and asking prices are heading for a fall.
It point out that mortgage approvals are running at half of pre-crisis levels and unsold homes are piling up on estate agents' books.
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