Following June's data, the housing market definitely 'appears' to be slowing. However it is important to remember that much of this is due to a comparison of data this year versus last year, when the market starting showing signs of recovery rather than seeing a 'true' slowdown of the market.
Prices are still showing positive growth versus 2009, but that's against a poor performing year. Overall prices are still down on average by 10% from pre credit crunch levels. Meanwhile Hometrack data is reporting less buyers coming into the market, that it is taking slightly longer to sell a home and canny buyers are offering less for property against asking prices.
READ MORE for a complete analysis of the buying and selling market with up to date price statistics and regional performances.
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