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Housing bubble talk may diminish buyers' appetite for higher prices

POSTED: 28th October 2013
IN: Newsroom
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A comment on the Hometrack research out today which confirms that talk of a potential housing bubble is overdone.

Charles Haresnape, Managing Director, Residential Mortgages, Aldermore Bank says:

"House prices outside London appear to be either static or rising slowly. While month-to-month data fluctuates, the overall year on year trend remains acceptable and beneficial to the wider economy.

"It is interesting to note that while talk of a housing bubble is exaggerated, the fact that this debate is going on may be enough to dampen buyers' willingness to pay higher prices."

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