Wednesday, Mar 14, 2007
Is HP inflation increasing or decreasing?
Times: Housing market studies differ on impact of rates
The recent RICS figures that show the rate of inflation is decreasing are consistent with the recent hikes in interest rates. However, they conflict with figures released by lenders such as Halifax showing that prices are still soaring because of tight supplies in the SE.
Posted by jellycaster @ 10:12 AM (151 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Justsold said...
Can anyone point me at which of the published house inflation figures are leading or lagging?
I understand RICS is a leading indicator, not quite sure why or by how much, although it may be because they are involved with the intention to buy, rather than actual purchases.
I assume the building societies (which are I supposed looking at mortgage approvals) are looking at information generated about 1 month before the typical completion. Right?
the Land registry, on the other hane probably get involved on completion.
So if there were a peak, especially a sharp peak, it would be quite possible to get different views from these different sources in the same month.