Mortgage News

Housing market easing at "fairly fast clip"

Monday 28th of June 2004
Although the turnover figures for May showing 9,416 houses sold were the second highest for the month of May on record, compared with the number of sales in May last year they were down 15.6%," he says.

"It’s the direction of movement that’s really important here," Alexander says. "This is the worst annual rate of decline since October 2000 and probably gives a better picture of annual changes...

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