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?
- Why the price of oil has “changed for a generation”
- Dividend hero investment company managers share their secrets
- New car sales reach an all-time high
- Gay couple lose court fight for equal pension rights
- Tesco profits tumble 55%
- Average rate offered by easy access ISAs collapses to its lowest on record
- Lloyds shares to be offered to the public at a discount
- House prices rise by 8.6% in September as supply remains weak
- Alternative ways to get exposure to Lloyds and other banks
- Markets look to central banks for more help as stocks struggle, says BlackRock's Koesterich