Thursday, May 10, 2007
House prices continue double-digit climb
Times: House prices continue double-digit climb
Britain’s biggest mortgage lender revealed today that house prices rose by nearly £75 a day last month despite fears of higher interest rates.
Posted by david20040_0 @ 03:17 PM (483 views) Add Comment
3 Comments
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1. sold 2 rent 1 said...
David,
This is your last chance to sell. I won't warn you again.
2. David20040_0 said...
Er, I don't own a house, if I did I wouldn't be worrying and frequenting this site.
3. dohousescrashinthewoods said...
Interesting that the Halifax did point out "house prices rising at their slowest pace this year".
So the "rate of change" is below zero. If it holds or contines to decrease, the the price rises will contine to slow until they turn negative.
Has anyone done a "second derivative" analysis of the figures to get to the underlying trend?