Housing data over the summer months was promising; we anticipate good momentum into the final quarter. Seasonally adjusted house prices were up 0.5% and 0.8% over the last quarter according to Nationwide and Halifax. This is despite a negative monthly change of -0.2% in August (Nationwide), indicating the market remains resilient albeit jittery as we enter a period of falling interest rates. Mortgage approvals, an earlier indicator of demand and quicker reactor to changing interest rates, reache ....
