Friday, June 5, 2009
“House Prices still falling” (Citywire)
Our eight key graphs show the green shoots are taking hold
Graph 7 Page 2 - House prices remain the most potent measure of consumer confidence !
Posted by jack c @ 12:41 PM (738 views)
One thought on ““House Prices still falling” (Citywire)”
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51ck-6-51x says:
If by “green shoots are taking hold” one means that investors risk appetite has returned, then yes; if, however one means that there is an improvement in the state of the real economy, then no.
Looking at all the graphs it smacks of a confidence that there will be a recovery, not that one is actually under way and this is typical of the markets.