Monday, Jul 30, 2007
Fitch's 'overall vulnerability index' uses a mix of how overvalued house prices and the exposure of households to rising interest rates.
TELEGRAPH UK: UK's house prices are second most overvalued
UK house prices are now the second most overvalued among the world's developed economies, trailing only France, according to a new survey by ratings agency Fitch.
The survey shows that in all but two of the countries surveyed the ratio of house price growth to increases in incomes is above the long-term historical average
Posted by chris :-)) @ 01:57 PM (207 views) Add Comment
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