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?
- £10,000 less of savers' money protected after FSCS rule change
- Pension tax relief: latest sign that it will be cut in next week's Budget
- The folly of misfuelling – never assume your car insurance will pay out
- Five European share tips to beat the Greek gloom
- Greek debt crisis: No more talks with eurozone ministers until after Sunday’s vote
- 'Bigger and bigger' mortgages putting UK households at risk, says Bank
- Will the Bank of England be forced to raise interest rates this year?
- The battle of the challenger banks is heating up - which is offering the best savings rates now?
- Hype surrounding the property market rebound cools down
- UK house prices fall back in June dragging annual growth rate down to 3.3%