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Realistbear

Eurozone Still Has H P I, Except Germany

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http://orange.advfn.com/news_ECB-says-euro...5_15796034.html

ECB says euro zone house prices rose 7.6 pct in 2005
FRANKFURT (AFX) - The European Central Bank said it estimates that euro zone
house prices rose 7.6 pct in 2005, after an increase of 7.2 pct in 2004.
The central bank said it detected some signs of a slowdown in euro zone
house price gains in the second half of last year, but property markets remain
dynamic.
But prices in Germany fell 1.6 pct, the fourth consecutive annual decline,
it said.

You have to take your helmet, er hat, off to the Germans. They obviously know how to run their economy and avoid the destruction that HPI ultimately brings. They learned the lesson of hyperinflation control well. My admiration grows along with my continued loyalty to German sports sedans.

BTW, what does "dynamic" mean in the context of HPI?

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Eurozone also has general inflation:

http://www.rte.ie/business/2006/0615/eurozone.html

Euro zone inflation rises to 2.5% in May

June 15, 2006 10:46
Annual inflation in the 12 countries sharing the euro edged up to 2.5% in May from 2.4% in April, the European Union's Eurostat data agency said today, confirming a previous estimate.
The increase, which was spot on private economists' forecasts, means that inflation moved further away from the European Central Bank's preferred level of close to but less than 2%.

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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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