British Housing Market Faces Slowdown (BusinessWeek)

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Posted on : 03-07-2010 | By : admin | In : Business

BusinessWeek – Further signs that the housing market may be about to enter a “double dip” downturn emerged yesterday when the Nationwide said property prices rose by just 0.1 per cent in June. The trend in house price inflation is clearly down: prices rose by 1.1 per cent in April and by 0.5 per cent in May.

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