Martin Ellis - Nationwide Building Society
Last quote by Martin Ellis
The annual rate of house price growth has more than halved over the past 12 months. A lengthy period of rapid house price growth has made it increasingly difficult for many to purchase a home as income growth has failed to keep up, which appears to have curbed housing demand. Nonetheless, the supply of both new homes and existing properties available for sale remains low. This, together with historically very low mortgage rates, is likely to support house price levels over the coming months.feedback
Apr 07 2017
Martin Ellis has most recently been quoted in an article called Does your house make more money in a year than you do from your day job?. Martin Ellis said, “While it's no longer unusual for houses to 'earn' more than the people living in them in some places, there are clearly local impacts.”. Martin Ellis has been quoted a grand total of 5 times in 4 articles.
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Quotes by Martin Ellis
Mar 10 2017
While it's no longer unusual for houses to 'earn' more than the people living in them in some places, there are clearly local impacts.feedback
Mar 10 2017
Homeowners in these areas can build up large levels of equity quickly, but for potential buyers whose wages have failed to keep pace, the cost of buying a home has become more unaffordable during that time.feedback
Jan 09 2017
The relatively wide range for the forecast reflects the higher than normal degree of uncertainty regarding the prospects for the UK economy this year.feedback
Dec 07 2016
Very low mortgage rates and an ongoing, and acute, shortage of properties available for sale should help support price levels although annual house price growth may slow over the coming months.feedback
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