UK house prices go into reverse - 2004-01-19
UK house prices have dropped, according to official figures, in contradiction with recent surveys by big mortgage lenders.

The government said house prices dropped 1.1% last November from the month before, with falls focused on areas of southern England.

The average price of a home was £159,480 in November, down nearly £2,000 in October, the survey said.
Read the full story at BBC

Base may be tested for home-building stocks - 2004-01-19
It's not just homeowners and mortgage brokers who want to know if the housing boom is over. Add to that list all the investors who have seen huge gains in their home-building stocks over the last year.

Just about everyone agrees that the supercharged housing market can't keep accelerating at this pace forever. But the big question is how soon will the slowdown come and what impact — if any — it will have on stocks.
Read the full story at Houston Chronicle