Uncertainty stemming from the impact of the public sector spending cuts on the labour market, combined with the continued restrictions on mortgage supply, is taking its toll on the housing market. Two surveys reported further house price falls this morning while completed sales hit a 17-month low.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services