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Podcast: Beyond Currency
Episode: 8 February 2022 - House price rise levelling off
Description: "The withdrawal of support for the housing market has levels of stock finally begun to see a cooling of prices and stock levels. Although January is traditionally a slow month for the market, data released yesterday showed that a levelling off of prices is taking place.
Last month saw overall house prices rise by just 0.3% versus a 1.1% rise in December and a market expectation of a rise closer to 1%. This left the annual rate unchanged at 9.7%.
The rise in the cost of living that will begin to bite in a couple of months will also have a cooling effect on...