'Clear signs' of housing slowdown
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There are now "clearer signs" that demand in the housing market has slowed, according to the Nationwide.
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Mortgage lending has declined by a quarter since last year, according to new figures, providing further evidence of a slowdown in the housing market.
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Housing activity has slowed from  recent years but the dragdown should not lead to a recession,  mortgage finance company Freddie Mac  said on Thursday  in its monthly economic outlook.
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Further evidence has been published that house prices are slowing down in England and Wales.
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The release of existing-home sales numbers on Thursday highlight a slow week for economic data.
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The new forecast will reflect the drag from the housing slump and a slightly lower-than-expected unemployment rate.
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Business & money: Housing industry figures show market has started to cool in second half of year.
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A lean supply of homes in hot  markets and a growing U.S. economy is expected to keep house  prices in most parts of the country from reversing course,  analysts and real estate agents say.
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U.S. manufacturing growth eased in September to its slowest in more than a year, but home sales and construction figures suggested a less abrupt decline in the housing sector than many experts had foreseen.
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Property prices are falling at rates not seen since the 1990s housing recession, surveyors warn.
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Financial market turbulence has noticeably hurt housing activity across the U.S. in recent weeks but other sectors of the economy have so far been spared, the Fed said.
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Sales of new homes dropped to the slowest pace in over seven years, foreshadowing further economic trouble ahead.
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Business & money: Housing market slows as mortgage approvals fall.
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A survey of the West Midlands housing market has uncovered further evidence of an impending slowdown, including a two per cent fall in the number of properties changing hands.
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The local real estate market is showing signs of slowing down. There are more homes on the market in Greater Boston than at any time during the last five years, some properties -- especially the more expensive ones -- are taking longer to sell, and price reductions are becoming increasingly common. Meanwhile, sales of single-family homes across the state fell ...
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Housing activity has slowed from recent years but the dragdown should not lead to a recession, mortgage finance company Freddie Mac  said on Thursday in its monthly economic outlook.
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By now, it's clear where most of the pain is being felt in the US housing market.