Latest figures show that UK property market is slowing

[Nicholas Wallwork]

The residential property market in the UK is slowing with the latest house price reports showing falls or no change.

Prices rose 0.8% in the second quarter of the year compared with a 2.8% rise in the first three months, according to the figures from the government that are based on mortgage completions.

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[proprateanalyst]

Totally agree with this document. leading indicators are pointing to a flat to down market. I am unsure how the austerity measures will benefit the housing market.