Thursday, June 4, 2009

What will the express make of this

UK house prices 'up 2.6% in May'

UK house prices rose by 2.6% in May compared with April but activity remains low in the market, according to the latest survey from the Halifax.

Posted by holding out @ 09:19 AM (2117 views)
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9 thoughts on “What will the express make of this

  • You love it…

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  • little professor says:

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  • mark wadsworth says:

    Crikey! Are the Bank of England going to opine on interest rates again? It’s funny how they always do it a few hours after the Halifax publish their figures.

    PS, we got a nice letter from National Savings & Investments yesterday telling us that the interest rate on our Monthly Saver had gone up from 1% to 2%, that must signify something, although I’m not sure quite what.

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  • Excellent post LP helps keep things in perspective.

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  • little professor says:

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  • LP you read my mind – this particular graph is my favourite – the downward path will soon be reinstated !

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  • mw – 100% increase on interest earnings – yet another green shoot !!!

    LP – real? nominal?

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  • little professor says:

    icasrus – the graph is not mine, it’s from crown’s blog. I assume it is nominal prices, the fall was much more than 14% peak to trough in real terms in the 90s.

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  • Question @ 7 with graph @2 in mind (high inflation in early 90s).

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