Member of the National Association of Estate Agents (NAEA) have reported that the current market is levelling out; however there are still signs of uncertainty.
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The UK Housing market saw prices rise slightly in July, but overall the market is softening, according to the latest market survey from the Nationwide.
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The numbers of repossessions and cases of mortgage arrears both rose in the first half of this year, but both remain at extremely low levels by historical standards, according to new results published today by the Council of Mortgage Lenders.
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The Centre for Economic and Business Research has predicted that UK house prices are set to fall in the coming months, but won’t crash.
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Irvine in Strathclyde, Scotland is the UK’s top property hotspot with a 44% rise in prices over the past year. Average prices in Irvine are up from £69,536 in 2004 Quarter 2 to £100,249 in 2005 Quarter 2.
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A mortgage rate of 2pc could be yours, if the EU’s internal market commissioner Charlie McCreevy approves a new report.
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With no sign of stopping and high bids on homes in the Republic, there is no sign of the housing market slowing down - says Bank of Ireland.
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The housing market remains stable according to the Council of Mortgage Lenders.
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There are more potential home buyers entering the market according to the Royal Institution of Chartered Surveyors June market report.
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