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
This should bring house-price inflation - now running at almost 20 per cent - back into single-figure territory before the year is out.
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.