Martin Ellis Market Quotations

Despite this fall, the housing market remains underpinned by a combination of economic expansion, historically low interest rates and high employment.

The UK housing market is set for a period of broad stability... low single digit growth is expected to be the norm across most of the country.

The UK housing market is set for a period of broad stability, with house prices forecast to rise by 3%, broadly in line with the predicted rise in retail price inflation.

This pickup in monthly house-price inflation is consistent with the continuing upward trend in market activity in recent months and the previous pattern of house price movements when the Bank of England begins to reduce interest rates.

There were also signs that housing market activity may be beginning to level off.