Property Boom Shows Signs Of Easing

Monday 26 January 2004

There are fresh warning signs the property market could be about to come off the boil.

By The Landlord

It became harder to buy a house in the three months to December.

A quarterly survey by AMP shows homes were almost six percent less affordable, as rising prices outstripped any increase in salary.

AMP says the outlook for housing this year is uncertain, despite low interest rates.

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