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Ash4781

Expected Nationwide Hpi (thurs)

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http://www.ft.com/cms/s/25d649ae-0c68-11dc...0b5df10621.html

In the UK, the housing market is showing clear sighs of cooling owing to rising interest rates. New mortgage approvals, due on Thursday, are expected to fall from 111,000 in March to 108,000 in April. Nationwide’s measure of house price inflation, also due on Thursday, is expected to slow from 10.8 per cent in April to 10.6 per cent in May.

10.8 to 10.6 forecast doesn't like much!

I seem to remember the Nationwide figure being lower than 10.8.

Edited by Ash4781

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http://www.ft.com/cms/s/25d649ae-0c68-11dc...0b5df10621.html

10.8 to 10.6 forecast doesn't like much!

I seem to remember the Nationwide figure being lower than 10.8.

If the Daily Mail mentions crash its considered that the end is nigh even though the journos on that paper are not famed for economic foresight. Its pretty clear they are just tearing chunks out of Gordon because it suits and the way to do it is to spread house price gloom. Therefore, when the FT reports ongoing HPI why are our most militant posters silent?

Edited by HPC Convert

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