Housing News Round-up
I thought I'd take a look at what the newspapers and online media are saying about the housing market - here's a current cross-section of articles that should hopefully provide you all with some interesting reading material:
Standard Life are widely reported as suggesting that there may be a slowdown ahead for the commercial property market.
This Is London carry a report suggesting that UK property prices are currently over-valued by 20%.
The BBC carry similarly negative news with suggestions for house-builders Taylor Wimpey that the housing market is "subdued", although the builder does suggest that trading conditions remain stable.
The Telegraph look at house prices from a rather different angle, noting that the recent interest rate rises seem to have had little effect on the housing market.
Looking at news specific to one region, The News Shopper, which covers the London area, reports that house prices have risen by up to 30% in the last year alone in some areas of the capital.
A report from Reuters suggests that inflation is moderating and that consumers are generally upbeat. Interesting news with the Bank of England meeting tomorrow to take another decision on interest rates.

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