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Ft Survey Says Hpi Nearing Zero

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According to FT the areas that saw a monthly rise are Wales, North West England and West Mids

This explains the report out today stating that the Welsh ignore financial advice and do not understand financial matters! :o

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If you read the report actual FT HPI is 3% Year on Year (not quite zero yet) They just like to make big headlines  ;) Which is pretty much the same as all the other August Indices with the exception for Hometrack

They do add something useful to the debate though;

Acadametrics, the consultancy that compiles the FT price index, said house price inflation “is likely to fall further still” because rises in prices last Autumn will gradually fall out of the calculation in the remainder of this year.

Gary Styles, chief economist of Acadametrics, said that although price falls had moderated, “it is far too early to talk of recovery or even of stability in prices”.

This is the first instance of open admission that last years autumn are holding the stats higher.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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