"I will not allow house prices to get out of control and put at risk the sustainability of the future." - Gordon Brown, 1997. More Quotes...
| The next credit crunch CNN, 20 August 2008 We made it through the bursting of the Internet bubble and now the bursting of the real estate bubble. Next we may be approaching the end of the most worrisome bubble of all: the standard-of-living bubble. In Uruguay, at Home on the Beach, and in the Country New York Times, 20 August 2008 Despite Punta del Este?s expensive reputation, real estate prices vary enormously. Housing affordability jumps in region 19 August 2008 The sharp fall in median home price in Greater Sacramento has helped drive up affordability, according to two reports issued Tuesday. By one measure, the capital is now the most affordable housing market in California. Falling home prices: The silver lining CNN, 19 August 2008 Home prices continue to tumble across the country, making homes more affordable in most U.S. cities, according to a new report released Tuesday. More global news stories... |
| Bank | Rate | Movement | Move Date | Next Decision | |||
|---|---|---|---|---|---|---|---|
 | Bank of England | 5% | 0% | 07 Aug '08 | 04 Sep '08 | Graph (see below) | Official Release | |
 | Federal Reserve Bank of New York | 2% | 0% | 05 Aug '08 | 16 Sep '08 | Graph (see below) | Official Release | |
 | European Central Bank | 4.25% | 0% | 07 Aug '08 | 04 Sep '08 | Graph (see below) | Official Release | |
 | Reserve Bank of Australia | 7.25% | 0% | 05 Aug '08 | 02 Sep '08 | Graph (see below) | Official Release | |
 | Bank of Canada | 3% | 0% | 15 Jul '08 | 26 Aug '08 | Graph (see below) | Official Release |
Bank of England Historical Base Rates
Click the graph link next to a bank in the list above to change this graph.With the US housing market experiencing a slow down and the US subprime mortgage market in crisis, there is increasing concern over the vulnerability of the economies of other countries where there has been a boom in house prices over the past decade.
This site exists to provide information and discussion related to the housing market.
- Links to articles from the UK, American and Australian press are updated daily here
- A discussion board for you to share you experiences of house buying and selling, and to ask the advice of others
- Statistics, including historic interest rates of major economies, housing market indicators, and predictions
- Some links to selected property market and economic websites
- Quotes from housing market pundits through the years
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