The UK housing market is set for a period of broad stability... low single digit growth is expected to be the norm across most of the country.
More Quotes from Martin Ellis:
The easing in economic growth over the past year, together with a ratio of house price to average earnings that remains historically high, is expected to curb housing demand, and therefore prevent a renewed surge in house prices.Martin Ellis
The combination of improving economic growth, low interest rates and high employment will continue to underpin a healthy level of housing demand over the next few months.
Martin Ellis
The buoyancy of both the housing and mortgage markets indicates that the marked slowdown in the world economy and the recession in the UK manufacturing sector have so far had little adverse impact on consumer sentiment,
Martin Ellis
Council tax bills are growing significantly faster than inflation.
Martin Ellis
The rise in prices in the first three months of 2006 was...slower than the gains recorded in the two final quarters of 2005.
Martin Ellis
This pickup in monthly house-price inflation is consistent with the continuing upward trend in market activity in recent months and the previous pattern of house price movements when the Bank of England begins to reduce interest rates.
Martin Ellis
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