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?
- What is happening to and in the economy of Ukraine?
- Should the UK lower its inflation target to help real wage growth?
- What are the prospects for a Base Rate rise in the UK?
- European real estate could return 7% a year but deflation remains a threat
- Why are the rail companies allowed to use a redundant (and higher) inflation index to set fares?
- Insurance costs drop 7% but consumers need to move quickly to get the best prices
- UK public-sector austerity has proved to be quite a disappointment on all fronts
- Japanese QE still isn't working
- Is it time for investors to once again look at UK banking stocks?
- Mindful Money's weekly share watch: Persimmon, BHP Billiton, Home Depot & AGA Rangemaster