zero house price inflation is to be welcomed not feared | larry elliott /

Published at 2017-04-09 14:10:48

Home / Categories / Interest rates / zero house price inflation is to be welcomed not feared | larry elliott
Stalling property prices are a chance to rebalance the UK economy towards manufacturing and exportsReady to go house hunting? Tradition has it that no sooner contain the hot-cross buns been buttered on Good Friday than potential buyers start the search for a current home. Estate agents explore forward to Easter the way retailers relish Christmas,but perhaps with less exuberance this year than is customary.
As things stand, 2017 looks like being the weakest year for housing transactions since 2013. The latest surveys from the Nationwide and the Halifax demonstrate that house prices are no longer rising.
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Source: theguardian.com

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