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Chris Hamnett: The housing market's kick-start? Maybe

02-Sep-2008
Story Timeline:  93 days

All the indicators show that Britain is in the midst of a severe housing market downturn, similar to that of 1989-94. Turnover has fallen dramatically, with sales volumes down over 50% in a year, mortgages lending down 70% from a year ago on Bank of England figures and prices down 10% according to the Nationwide Building Society. New house sales have practically ground to a halt, and repossessions are rising... [read full story]                    

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Latest article on this story:

Further Housing Association Commitment To First-Time Buyer Scheme

4ni.co.uk 05-Sep-2008
First article on this story:

Is the housing package enough?

reuters.com 02-Sep-2008
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