The Bank of England is likely to want to take more action soon to stop the British housing market running away with itself. Photo: AFPThe Bank of England is likely to want to take more action soon to stop the British housing market running away with itself. Photo: AFP
The Bank of England is likely to want to take more action soon to stop the British housing market running away with itself. Photo: AFP
Property /  International

Bank of England opts for cautious approach on housing market

Housing price surge causes concern but the central bank is expected to take gradual action to cool the market under new financial rules

Reuters
Reuters

Updated: 5:01am, 7 May, 2014

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The Bank of England is likely to want to take more action soon to stop the British housing market running away with itself. Photo: AFPThe Bank of England is likely to want to take more action soon to stop the British housing market running away with itself. Photo: AFP
The Bank of England is likely to want to take more action soon to stop the British housing market running away with itself. Photo: AFP
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