Topic: Nationwide expects housing market to remain weak in 2011
Nationwide has said that the housing market is set to remain weak due to government spending cuts, but said major house price falls were unlikely thanks to continued low interest rates.
The UK's biggest building society expects prices to remain largely flat over the next few months, but dip 'modestly' throughout 2011 as the supply of properties for sale outstrip the number of buyers in the market.
Read more: http://www.dailymail.co.uk/money/articl … -2011.html