Thursday, Jun 04, 2009

What will the express make of this

BBC: UK house prices 'up 2.6% in May'

UK house prices rose by 2.6% in May compared with April but activity remains low in the market, according to the latest survey from the Halifax.

Posted by holding out @ 09:19 AM (1773 views) Add Comment

9 Comments

1. mrflibble said...

You love it...

Thursday, June 4, 2009 09:21AM Report Comment
 

2. little professor said...

Thursday, June 4, 2009 10:33AM Report Comment
 

3. mark wadsworth said...

Crikey! Are the Bank of England going to opine on interest rates again? It's funny how they always do it a few hours after the Halifax publish their figures.

PS, we got a nice letter from National Savings & Investments yesterday telling us that the interest rate on our Monthly Saver had gone up from 1% to 2%, that must signify something, although I'm not sure quite what.

Thursday, June 4, 2009 10:36AM Report Comment
 

4. jack c said...

Excellent post LP helps keep things in perspective.

Thursday, June 4, 2009 10:37AM Report Comment
 

5. little professor said...

Thursday, June 4, 2009 10:51AM Report Comment
 

6. jack c said...

LP you read my mind - this particular graph is my favourite - the downward path will soon be reinstated !

Thursday, June 4, 2009 10:54AM Report Comment
 

7. icarus said...

mw - 100% increase on interest earnings - yet another green shoot !!!

LP - real? nominal?

Thursday, June 4, 2009 10:57AM Report Comment
 

8. little professor said...

icasrus - the graph is not mine, it's from crown's blog. I assume it is nominal prices, the fall was much more than 14% peak to trough in real terms in the 90s.

Thursday, June 4, 2009 11:03AM Report Comment
 

9. icarus said...

Question @ 7 with graph @2 in mind (high inflation in early 90s).

Thursday, June 4, 2009 11:03AM Report Comment
 

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