Property market continues to cool
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The annual rate of house price growth falls, despite a slight price gain in December, government figures show.
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New figures from major banks and building societies confirm that the UK housing market is slowing down. The Council of Mortgage Lenders and the Building Societies Association have both recorded a slowdown in mortgage lending.
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Business & money: Housing market still on the slide, falling as much as 6% in six months, as petrol prices spiral.
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Price drops and declining sales in the Massachusetts housing market moderated in October, two housing reports showed yesterday, suggesting that the monthslong slump in the real estate market may be nearing its end.
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Business & money: Housing market slows as mortgage approvals fall.
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Business & money: Â· US economy cools with housing market problemsÂ· Bank rates expected to go in opposite directions
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The Bank of England announced it was leaving interest rates unchanged at 4.75 percent for a second successive month, amid signs that Britain's red-hot housing market is cooling slightly.
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The latest data indicates that slowing home sales and the rising number of properties for sale is forcing more sellers to reduce prices in many locations across the country.
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Sterling continued to post very moderate rises after being largely in the doldrums lately due to a recent spate of weak data confirming that the housing market is cooling while high street spending continues to slip.
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Business & money: House price inflation eased last month to its slowest pace in a year.
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House prices in England and Wales fell slightly in August, according to figures from property research company Hometrack, offering another sign the market may be cooling in the face of higher interest rates.
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The pound has remained on a back foot after a surprise fall in retail sales and house price growth this morning.
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Gary Shilling's investment outlook was right on target last year, and it hasn't changed this year. That's bad for housing.
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LONDON : The Bank of England announced it was leaving interest rates unchanged at 4.75 percent for a second successive month, amid signs that Britain&#39;s red-hot housing market is cooling slightly.
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By Alyson Crean, Florida Keys Keynoter, Marathon  Jun. 2--Real estate sales may have flatlined statewide, but waterfront property on Stock Island is still a hot seller.
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Home buyers and owners were warned yesterday by two separate surveys of the property market that house prices were continuing to fall.
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House prices dropped at their steepest rate for nine years this summer, according to a survey published today which provides one of the clearest indications yet that the housing market is in decline.