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?
- Is UK inflation below target (CPI)? On it (RPIX)? Or pushing higher with house prices?
- Is China finally admitting it is in an economic slow down?
- Why are real wages in the UK continuing to fall in an economic boom?
- Neil Woodford on the Scottish referendum: "The UK has already crossed a constitutional Rubicon"
- "Scotland could be next Greece," warns Alan Miller
- UK Housing Becoming a Buyers' Market? Not good for estate agents...
- Mindful Money's weekly share watch: ASOS, Smiths Group & Investec
- Scottish referendum: A 'yes' vote will mean far greater cost burden on Scotland's state pension says report
- A third of Brits plan to stay invested in retirement
- Inflation falls to lowest level in five years