Tuesday, February 5, 2008

Halifax prices down 1% for the quarter

UK house prices flat in January-Halifax

they can fake the monthly stats, but they can t hide that prices are falling. 1% per quarter! 4% per year? any guess? "HBOS Plc's Halifax house price survey on Tuesday also showed house prices in the three months to January were one percent lower than in the previous quarter, the third successive fall on this basis" So it is the 3rd month that quarterly prices are down... HBOS are amazing! they are correcting the previous monthly stats!

Posted by confused76 @ 09:16 AM (913 views)
Please complete the required fields.



4 thoughts on “Halifax prices down 1% for the quarter

  • So no need to cut interest rates on Thursday then, eh?????????? Blanchflower

    Reply
    Please complete the required fields.



  • HBOS are relying on 33% of their funding from the capital markets. They are the next most securitized after Northern Crock.

    Reply
    Please complete the required fields.



  • It’s always fun to look in window of the EA I pass on the way to work. The number of properties with “price reduced” stickers on has been going steadily upwards; now more than half the properties in the window are reduced, and still not selling…

    Reply
    Please complete the required fields.



  • This alleged stability in the housing market should allow the MPC to now do it’s job
    of controlling real inflation in the UK. It SHOULD be a no brainer on Thursday; hold.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>