Thursday, Sep 14, 2006
House price rise defies rate hike
BBC News: House price rise defies rate hike
Report on a RICS study which shows that house prices are rising "faster than anyone expected", despite the recent rate-rise
Posted by andrew @ 11:22 AM (139 views) Add Comment
3 Comments
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1. bidin'matime said...
To paraphrase - "HPI to July up despite August rate rise" - stupid or spinning??
2. markd said...
Both I suspect.
3. inbreda said...
Agreed - this is VI spin to try to prop the market up. We should post 5000 copies of the article to the BoE on the day of the next rate decision.
The VIs wouldn't like us using their carefully timed claptrap to level things out!!