House prices rose 1.3% in January, according to the Halifax [downloads PDF], but the bank detects signs the market is slowing down.
No change on interest rates, the Bank of England decided today.
A cautionary note from another of the big banks though. HSBC says its bad debt provisions will be 20% higher largely because of problems in the US housing market
London councils want mayor Ken Livingstone to press the government for a 50% increase in funding for affordable homes in his housing strategy
A feature in the Telegraph predicts the government will endorse plans to build on parts of the green belt.
Contrasting views of life in London come in the Independent’s coverage of the impact of the super-rich on London (inspired by those £84 million apartments) and features in the Guardian and Times on crime, poverty and housing in Peckham.
Up to a third of new housing developments are so poor they should never have been given planning permission, according to architecture watchdog CABE [see below]. Go here for the Financial Times story.
