Property market: dealing with a double dip

 

Double dip. Even the most optimistic property experts aren’t ruling out another house price slide. A survey by Zoopla shows that confidence in the property market is wavering due to fear of job losses, interest rate hikes and a scarcity of mortgage availability.

The surge of selling activity witnessed this spring has fizzled out as buyers opt to sit on their hands. The latest housing market survey from Nationwide shows price gains more or less stalled in June (up by 0.1 per cent).

 

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