Friday, Jan 18, 2008
Steady as she goes .. downwards
BBC / Nationwide: Home prices fall for second month
0.5% (0.8% real) drop this month from the Nationwide.
This is the underlying trend. No more HIP effects.
Sellers can stomach this speed of fall. RPI at 4% adds a (real, i.e. inflation factored in) fall of 0.3% every month.
Posted by voiceofreason @ 08:40 AM (651 views) Add Comment
5 Comments
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1. little professor said...
Naughty... this is old news.
2. voiceofreason said...
Oops - sorry !
Must try harder ...
3. geed said...
Yes, but good news. Remind me What were Nationwides figures for December?
4. This comment has been removed as it was found to be in breach of our Blog Policies.
5. confused76 said...
... and the pound resumed its steady downward trend...