Monday, Oct 16, 2006

New house prices down 1.1%in Sept., 0.1% year on year - smartnewhomes

Firstrung: New house prices fall 1.1 percent in September - smartnewhomes.com

The average price of a new home fell in September by 2,886, despite an earlier indication in August that the new homes market was picking up after a temporary slow down. However, the reported annual fall of 0.1% is well below price falls previously experienced at this time of year and is likely to be a result of the interest rate rise in August

Posted by converted lurker @ 02:35 AM (472 views)
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1. paul said...

Am I the only person who sees the fundamental contradictions in the EA reports at the moment??

This doesn't usually happen. Everything is not as it seems I feel. Someone is stringing the British public along, and I don't think it's the housing market bears.

Monday, October 16, 2006 03:38PM Report Comment
 

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