BookRags.com Literature Guides Literature
Guides
Criticism & Essays Criticism &
Essays
Questions & Answers Questions &
Answers
Lesson Plans Lesson
Plans
My Bibliography Periodic Table U.S. Presidents Shakespeare Sonnet Shake-Up
Research Anything:        
History | Encyclopedias | Films | News | Create a Bibliography | More... Login | Register | Help


Search "Rate increases taking a toll on housing market"

Navigation

Rate increases taking a toll on housing market

About 1 pages (345 words)

Evening Standard - London, March 28th, 2007

THE housing market cooled this month after recent rises in interest rates put off potential buyers.

The figures emerged a day after Bank of England Governor Mervyn King acknowledged signs booming property prices were slowing, but said interest rates may still have to rise to keep a lid on inflation.

Britain's biggest building society, the Nationwide, said prices were up just 0.4% in March compared with a 0.6% rise in February. The annual rate of house price inflation fell from 10.2% last month to 9.3% this time around.

Nationwide chief economist Fionnuala Earley said: "The housing market sh...

HighBeam Research, Free Preview: 'Rate increases taking a toll on housing market'... Full Membership required for unlimited access. Free 7-day trial.

Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.

Content Partner
Evening Standard - London, March 28th, 2007. Rate increases taking a toll on housing market. Content provided by HighBeam Research.



Join BookRagslearn moreJoin BookRags


About BookRags | Customer Service | Report an Error | Terms of Use | Privacy Policy