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?
- Investors should prepare “to take advantage of the fallout" from US Federal Reserve’s inevitable rate rise
- Barclays current account scheme lets you earn up to £180 per year in rewards, but is it as good as it looks?
- Divorce costs £2,100 per year in lost pension income
- Penury in the UK: A third of Britons used to being totally skint
- Relaxing retirement? We want to work, say pensioners
- Mobile customers are wasting £355m per year on handsets they have already paid off
- Adult children living the ‘life of Riley' by staying at home with their parents
- 200,000 calls in first week of pension freedoms
- Til debt do us part: families sitting on a funeral 'time bomb'
- Unilever’s sales boost represents good news for investors