Zero house price inflation is to be welcomed not feared | Larry Elliott
by Larry Elliott from on (#2JHZ0)
Stalling property prices are a chance to rebalance the UK economy towards manufacturing and exports
Ready to go house hunting? Tradition has it that no sooner have the hot cross buns been buttered on Good Friday than potential buyers start the search for a new home. Estate agents look forward to Easter the way retailers relish Christmas, but perhaps with less exuberance this year than is customary.
As things stand, 2017 looks set to be the weakest year for housing transactions since 2013. The latest surveys from Nationwide and Halifax show house prices are no longer rising.
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