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?
- The clearest effects of Funding for Lending have been on mortgage lending and savers
- What are the prospects of disinflation and falling prices in the UK?
- Where next for the economy of the Ukraine?
- Are the UK Pound Sterling and the Euro safe havens in the currency wars?
- Bail on your bank shares! Buy insurance, real estate instead
- We are not living as long as we thought warns thinktank. Government's retirement age rise plans may be based on the wrong assumptions
- From 'burdened by bills' to 'socialites'. Report finds huge variety of spending habits among older households
- The best funds for this year's Isa with Chelsea Financial Services MD Darius McDermott
- UK monetary trends still upbeat
- House prices soar 7.9% in a year. Estate agent says some regions "approaching madness"