Welcome to the soft landing

Economists may have been predicting a slowdown in the residential property market for many years now, but it has taken a series of interest-rate hikes coupled with a sharp increase in supply to finally dampen double-digit price growth.

Gillian Nelis

Managing Editor @gnelis
20th January, 2007

Economists may have been predicting a slowdown in the residential property market for many years now, but it has taken a series of interest-rate hikes coupled with a sharp increase in supply to finally dampen double-digit price growth.

If you are planning to sell your home this spring, the good news is that estate agents are reporting a rise in enquiries and viewing levels, and are cautiously optimistic about the prospects for the season.

‘‘Buyers...

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