Latest housing data now out
- +1.1% prev
- 3mth-year +9.0% vs +9.5% exp vs +9.75 prev
Definite signs of a slowdown for the UK as a whole even if London is still roaring
However, the Halifax expects price rises to remain strong.
"Solid economic growth, rising real earnings and falls in already very low mortgage rates have combined to stimulate housing demand this year," said Martin Ellis, Halifax housing economist.
"The increasingly acute imbalance between supply and demand is causing prices to rise at a robust pace. A situation that is unlikely to reverse significantly in the short-term."
The Nationwide's survey for November also suggested that the annual pace of house price growth slowed last month, dropping to 3.7% from 3.9% in October.
GBPUSD still trawling around 1.5050 but EURGBP back up to 0.7225. Offers nearby
