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House prices UK: Nationwide report ‘subdued’ growth as first time buyers return to market

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Nationwide report ‘subdued’ house price growth as first time buyers return to market propertymarket

Measures of consumer confidence weakened around the turn of the year and surveyors report that new buyer enquiries have remained subduedThat said, key indicators of housing market activity, such as the number of property transactions and the number of mortgages approved for house purchase, have remained broadly stable in recent months even though survey data suggests that sentiment has softened.

 

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