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If You Think The Spin Is Bad In The Uk Look At The Us

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The really bad news:


NEW YORK (Reuters) - U.S. mortgage applications fell to an 11-month low last week on a drop in demand for loans to buy homes, suggesting a slowdown in the housing market, according to industry data on Wednesday.

The really good news:


As if to tweak the noses of housing-sector pessimists, the November U.S. housing starts report released on Dec. 20 revealed another stellar performance: a rebound of 5.3% on the month, to a 2.123 million annual pace, from a revised 2.017 million in October Advertisement
[2.014 million previously]. Building permits rose 2.5%, to a solid 2.155 million pace, from a 2.103 million rate in October [revised from 2.071 million].

Someone is lying. Are the propaganda machines working too hard to convince people that the HPI can last forever?

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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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