UK's housing market is set for further slowdown Credit: Alamy. The US housing market entered another slowdown in the last week of March, ending the first quarter of 2019 with the US government reporting that building permits are dropping for two months already while recording the lowest decline in the last eight months. Britain’s biggest estate agency, Countrywide, is the latest property company to warn of a slowdown in the market ahead of a referendum on the UK's membership of the European Union. How are London housing prices affecting the market? by Marie Cole on March 26, 2008. Estate agents forecast the number of homes bought or sold in the UK will fall by 11 per cent this year, according to The Times. UK property suffers ‘noticeable slowdown’ in December as market waits for Brexit decision ONE OF the first reports on housing market performance for December 2018 … Evidence has shown that the housing market is beginning to slow down, and London is the geographical drag. Will the Housing Market Crash in 2020? A new Wall Street Journal report puts the odds of a recession at their highest level in 7 years, at 25%. The U.S. Housing Market Looks Headed for Its Worst Slowdown in Years By . 23 May 2018. Even as the economy slows, the housing market is expected to outperform other sectors. Gross domestic product (GDP) grew by 0.6 per cent from October 2007 to December 2007, this was down from 0.7 per cent in the previous quarter, according to the Office of National Statistics. Housing market continues to cool. UK's housing market is set for further slowdown Credit: Alamy. The slower quarterly growth was mainly down to a weaker service sector, which slumped from 0.9 per cent to 0.6 per cent. ... houses and see that homebuilders are moving down-market. There is a current slow down … Is the UK housing market slowing down, Homeowners seek to finalize deals before Brexit as they expect the prices to increase after the deal. Image by myfirsthome via Flickr. In a note to clients published last week, Goldman Sachs economists outlined their view on the housing market … The Royal Institution of Chartered Surveyors (Rics) predicted that the UK housing market will slow down over the next three months. The U.S. housing market is slowing. In April, landlords … UK housing market 'set to rebound in 2020' Surveyors are expecting UK house sales and prices to increase in 2020 as long as current political uncertainties are resolved, according to a new survey. With low mortgage rates and a limited number of available homes for sale, the 2019 housing market brought both hope and frustration to prospective homebuyers.