Friday, January 18, 2008

Steady as she goes .. downwards

Home prices fall for second month

0.5% (0.8% real) drop this month from the Nationwide.
This is the underlying trend. No more HIP effects.
Sellers can stomach this speed of fall. RPI at 4% adds a (real, i.e. inflation factored in) fall of 0.3% every month.

Posted by voiceofreason @ 08:40 AM (932 views)
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4 thoughts on “Steady as she goes .. downwards

  • little professor says:

    Naughty… this is old news.

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  • voiceofreason says:

    Oops – sorry !
    Must try harder …

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  • Yes, but good news. Remind me What were Nationwides figures for December?

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  • … and the pound resumed its steady downward trend…

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