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House for Sale Signs. 28/04/03 : Further evidence of a north-south divide in the housing market emerged as figures showed the first fall in national prices since November 2001. Property website hometrack said the slowdown had been felt the most in the South East, although counties above a line from the River Severn to The Wash still reported healthy rises. Overall, prices in England and Wales fell 0.1% in April, continuing 11 months of steady decline in house price inflation since May s peak of 2.6%. 02/06/03 : Despite two years of soaring prices homes remain affordable across Britain researchers have claimed. Mortgage lender Cheltenham & Gloucester said anyone buying a house now would have to spend an average of 33.4% of their salary on mortgage repayments - 33.40 for every 100 they earned. But the figure is only slightly higher than the 28.60 for every 100 they earnt that would have been taken up by repayments in 1999, before the current boom first started, and well below the 71.30 per 100 they would have spent in 1990. 08/08/03 : House prices increased by almost 13% in England and Wales in the past year, figures showed. The Land Registry s quarterly residential property price report said that prices were 12.52% higher between April and June than they had been during the same period last year. 22/04/2004: More than a third of first-time buyers say they have given up hope of being able to buy their own home for at least a year, research showed Thursday April 22, 2004. But half of those looking to buy said they would be prepared to buy a property they did not like, in an area they did not want to live in, just to get on to the ladder, according to Yorkshire Bank. 10/06/2004 Consumers who are relying on property to provide them with a retirement income could be left "high and dry" if there is a house price crash, a report warned Thursday June 10, 2004. Market analyst Datamonitor said people were increasingly seeing property as a "get out of jail ...
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