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| House prices rose 0.5% in December, according to Nationwide, evidence of a slight strengthening in the market. The rise was higher than November's 0.3% increase but overall price growth in 2005 was 3%, well down on the 12% annual increase seen in 2004.
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Halifax, the UK's biggest mortgage lender, has predicted that the housing market will be flat in 2006.
House prices are set to rise by 3% during the year, barely enough to keep pace with inflation, the bank said.
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| NEW YORK (CNNMoney.com) - Lenders are cutting back on financing and are tightening standards for condominium projects, according to a published report that could be the latest sign that the booming real estate market has reached its peak.
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| Houses in Gotham got a little more affordable in the third quarter...or rather, prices dropped, but they still remained in nosebleed territory for most people.
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House price inflation rose in October, for the third month in a row, according to the latest survey from the Halifax.
Actual prices were unchanged between September and October, with the average house now costing £168,210.
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| SAN FRANCISCO (October 31, 2005) - As President Bush's advisory Tax Reform Panel completes its work, the board of directors of the National Association of Realtors® today formally voted to oppose proposals under consideration by the panel that NAR believes would drive down real estate values, have a devastating effect on the nation's housing economy and negatively impact the nation's economy.
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| Selling a house the past few years has been easy. Put up a "For Sale" sign. Host an open house. Sift through multiple offers. Pick a buyer willing to fork over more cash than you initially asked for. Then brag about how much you got.
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| Land Registry figures show that house prices in the UK have risen over the past year despite a dip in the number of sales. more... |
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Archived news
2006
2005
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