Following the publication of the latest Nationwide figures

 “The good news about Nationwide’s figures is not the rise in house prices but the suggestion that sellers are now coming back into the market. The past few months have seen a surge in demand amongst buyers. “As sellers come onto the market we may see a levelling out of house prices, but we will also see a far firmer foundation for a real market recovery. The Government must now do all it can to help this process, beginning with an extension to the current Stamp Duty holiday and a commitment to reform stamp duty into a tax that works for the housing market, not against it.”

Peter Bolton King Chief Executive National Association of Estate Agents

October 2009

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