In a recent poll 18 out of 31 economists in London think that the UK Housing Market has stabilized. In the same poll mortgage approvals will be seen to be at 60,000 in 6 months and 73,000 in 12 months from 55,000 and 65,000 in the same poll 3 months ago. Sterling trading a little higher over the past hour up from 1.6490 to 1.6520.