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Tentative signs of a pulse in the housing market

Geoff Riley

30th July 2009

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Whisper it quietly but there are some signs of a turning point in sentiment, lending, activity and price levels in the UK residential housing market after a very difficult eighteen months. There is a chance that average price levels might end the year slightly higher than they started. Here is a brief selection of charts that offer a modicum of optimism and an incentive for me to spend some of August looking for a good value property on the Northumberland coast!

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.