Monday, July 27, 2009
Tale of two cities: Halifax’s London and Nationwide’s
Halifax quarterly figs slipped out on Friday (24th), with average London price declining to Â£23,250. There's a marked difference now between the Halifax picture of the capital, with a 26.06% fall from peak, and Nationwide's, where the same figure is just 15.55%. Halifax started out with a higher peak average, but even so the treatment of the quarter just past is remarkably different with Haliax showing a decline of 1.68% against Nationwide's rise of 4.8%.Are they still talking about the same city?