Nationwide sees property market flat
www.moneynews.co.uk > Mortgages > Nationwide sees property market flat
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Money News |
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Nationwide sees property market flat
Thu 28th Apr 2005
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This is despite the latest figures from the building society showing that house prices increased by 0.9 per cent this month.
This modest increase corrected the decline of previous months but activity remains sluggish.
"Volatility in monthly house price changes is not unusual in the spring," said Fionnuala Earley, Nationwide's group economist.
"Given the early Easter we believe that the traditional house hunting season may have moved forward slightly this year.
"The trend, however, continues to confirm our view of a gentle slowing in the market."
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Related News : Nationwide |
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