Thursday, Sep 10, 2009
Halifax latest - hot off the press
BBC: House prices 'increase by 0.8%'
House prices rose by 0.8% in August compared with July - the second monthly rise in a row, says the Halifax. Property values were 10.1% lower in the three months to August compared with the same period a year ago, the survey found. The average UK home was now valued at £160,973, said the Halifax, now part of the Lloyds Banking Group. A lack of supply and greater demand for homes has pushed up prices in recent times, various surveys suggest.
Posted by jack c @ 09:22 AM (404 views) Add Comment
2 Comments
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1. Smug Punter said...
Hi jack,
i'm surprised no one has commented on this news today, perhaps the are all at the funeral of HPC!
2. jack c said...
Hello Smug Punter, - I was in the middle of posting up the BBC story when PHD posted data direct from Halifax so all of the comments have stuck to the same thread (basically BBC is a duplication)
As for the funeral of HPC that is another matter - if the HPC site cant stand up to a bit of constructive criticism it might well die however (IMO) there are many, regular, well balanced contributors with compelling arguments as to why residential house prices will fall in price and for this reason the debate lives on. The difficult bit as I have said over the years is getting the timing right.