Wednesday, July 8, 2009
Houseprice Spin? Now only 5.5% down/yr
Rightmove have again released their house price index results. Evidentally reflecting the state of 90% of the property prices on the UK market over the past year, their figures imply that the market isn't quite in the bad state some scaremongers would proclaim. There will always be the odd cries of "Wolf!", but their 90% statistics suggest that though the housing market is relatively quiet and lenders are erring on cautious to say the least, the market is set to move on and seems to be doing so.