Barratt warns of housing slowdown
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UK housebuilder Barratt says interest rate rises and the credit squeeze are set to hurt the housing market.
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UK mortgage lending rose at the slowest pace in more than two years in August, the British Bankers&#39; Association said, adding to signs that five interest rate increases since November are cooling the housing market.
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House price growth remained subdued in September, offering further proof of a slowdown in the property market, figures showed today.
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Business & money: Britain's biggest housebuilder, Persimmon, warns that sales of new homes have fallen
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The UK's rampant house price inflation is likely to slow down dramatically in the next year or two, a report says.
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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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A swathe of figures have provided further evidence of a slowdown in the UK property market. The Council of Mortgage Lenders (CML), British Bankers Association (BBA) and Building Societies Association (BSA) all said mortgage lending was slowing.
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The U.S. economy can weather a   slowdown in the housing sector as rising incomes and business   investment offer support, Federal Reserve officials said on   Wednesday as they pointed to inflation risks.
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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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Business & money: Housing market still on the slide, falling as much as 6% in six months, as petrol prices spiral.
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House prices rose by just 0.2% in September as the market continued to show signs of slowing down. It follows a rise of just 0.1% during August, said the Nationwide Building Society.
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A downward spiral of falling house prices and reduced lending threatens the economy, an economist warns.
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The International Monetary Fund has warned of a possible sharp fall in UK house prices, according to reports. The IMFâs World Economic Outlook said that, based on interest rate
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Property prices are falling at rates not seen since the 1990s housing recession, warn surveyors.
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WASHINGTON -- Restrained by a worse-than-expected slump in housing, the economy will grow at the slowest pace in five years in 2007, leading economic forecasters say. They predict consumers will get a break on inflation from falling energy prices.
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House prices in Britain fell at their steepest pace in nine years in the three months to September,adding to evidence that the property market is cooling and decreasing the possibility
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The I.M.F. said a cooling housing market is likely to trigger a slowdown in the United States economy and abroad.