Friday, Feb 05, 2010
Relapse warning
Independent: House price 'boomlet' shows signs of cooling
A brief commentary on the recent Halifax HPI figures. Although there was a respectable price rise in January, financial analysts Global Insight are doubtful about how long this can continue. Like our economy, house prices look vulnerable to a "relapse."
Posted by quiet guy @ 12:25 AM (557 views) Add Comment
1 Comment
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1. little professor said...
While I agree with their conclusion, their reasoning is pretty lame. This was the seventh consecutive monthly rise, yet because it was the smaller than previous months rises they say it is a sign that the boom is cooling down. That's a pretty weak argument.