UK house prices: Crash or boom?
- 4 April 2012
This morning has exhibited already one of the themes of this blog and it is the unreliability of many statistics which are used as a basis for judging the economy. Sometimes the unreliability comes in the form of having different measures of the same thing which tell a different story. Only on Monday I discussed measures of both China's manufacturing sector and UK house prices which were telling quite different stories. Well this morning has gone one step better (or perhaps I should say worse…) for the UK housing market. Step forward the Halifax building society!
What did the Halifax report?
- UK monetary policy is expansionary for banks and housing but what about exporters?
- Possible flight disruption from Icelandic eruption - travellers warned to check their insurance policies for exclusions
- What does the transfer window just gone tell us about the economics of England's Premier League?
- Douglas Carswell defects to UKIP
- The current difficulties and dangers faced by investors seeking income
- Scottish independence - all others risks pale besides the currency risk
- Woodford sells out of HSBC due to "fine risk"
- Half of homeowners would struggle with 1% rate rise
- Consumers miss out on huge savings by sticking with same providers
- Surgeons are the most accident-prone drivers