UK property enters uncharted waters

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The long-predicted slowdown in the UK's fevered real estate market finally seems to be happening. W...

The long-predicted slowdown in the UK's fevered real estate market finally seems to be happening. What will that mean for stock prices? Will the property market bring down equities with it? Or have the two markets decoupled, allowing shares to soar in value as property slumps? The record suggests equities can escape unscathed. Yet common sense tells us there may be some nasty shocks ahead for people who own UK shares. Real estate prices have also been rising in the US, France, Spain and Australia, all of which may witness a sharp correction in property prices. They will be watching the U...

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