Housing prices ready to cool as immigration slows
Booming house prices are poised to come off the boil as the influx of migrants continues to ease, although investors are still priming a strong residential property market.
Thursday, February 5th 2004, 5:54AM
by The Landlord
December saw a net increase of just 1600 permanent and long-term migrants, down from 2200 in November. These figures count newcomers intending to stay for at least a year, and expatriates aiming to settle back here, minus long-term departures.
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