After a lengthy delay the hometrack report is finally on their site:
http://www.hometrack.co.uk/index.cfm?fusea...sitem&newsid=98
Mr Wrigleswoth is full of his usual bull:
"We expect prices to resume their long-term inevitable upward movement
before the end of the year, fully compensating for the recent falls.......
A more stable interest rate outlook, ongoing low unemployment, and rising household incomes will
all help support rising house prices by the end of this year. Commentators, forecasting a housing
market crash will soon have to again revise their forecasts, as the reality of a healthy housing
market will undoubtedly increase the amount of egg that they already have on their faces.â€
That guy is such a tosser. Even using his own figures, his statements look out of place. For example the demand index is still showing a fairly hefty negative trend