Thursday, Aug 03, 2006

House price inflation up?

BBC: House prices nudge higher in July

Halifax show 0.2% HPI for July.
Not a lot in real terms!

Posted by outintime @ 08:48 AM (446 views)
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3 Comments

1. Thesqueeze said...

What! Martin Ellis making a statement like this on the day of the rate change decision? Who could have possibly predicted this? Everyone. So , "typical feature of a more stable housing market" ??? 9% is not stable Mr.Ellis, it's twice what it should be. Will the MPC listen to this kind of gumpf, my guess is yes, and no change today...then another 3 and a half weeks of how property is the best investment you can have.

And as many predicted on this website, free banking is to go now that the bed debtors are hitting the banks profits, so in effect we all going to pay for this mess.

And I ask again, where are the tories to argue against Blair?

Thursday, August 3, 2006 09:16AM Report Comment
 

2. paul said...

A fall in real terms. The headline should read "house prices fall in July". This is the BBC though.

Thursday, August 3, 2006 09:25AM Report Comment
 

3. Son Of Taeper said...

I know it's not this simple but 0.2% a month equates to 2.4% p.a. One would get double the return keeping the money in a savings account.

Thursday, August 3, 2006 09:40AM Report Comment
 

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