Monday, Jan 28, 2008

House prices up 26.5% year on year

Nationwide [pdf]: Flashback to the madness

Commenting on the figures Alex Bannister, Nationwide's Group Economist, said:

House price growth remained steady at 1.7% in January. Given that house prices rose at a more modest pace a year ago the annual rate of inflation rose to 26.5%. With the current trend in growth very stable, we would expect the annual inflation rate to remain around 25% for the next couple of months. The average house price is now £117,905. [Jan 2003]

Posted by little professor @ 11:36 AM (489 views) Add Comment

1 Comment

1. little professor said...

Got my headlines mixed up, sorry

Monday, January 28, 2008 12:13PM Report Comment
 

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