In the midst of a lengthy correction

Mark Robinson

In the midst of a lengthy correction

Journalists know that any splash about house prices puts ‘bums on seats’ as it were. So, if you were to thumb through the financial pages following the release of the latest snapshot from the Nationwide Building Society you could be forgiven for thinking that property prices are in irreversible decline. Except, as our readers know full well, it's simply a 'through the cycle' correction.

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