Thursday, December 9, 2010

Analysis paralysis

Competing U.K. Indexes Keep Homebuyers Guessing on Market

The seven indexes only agreed on the direction of the market in five of the 22 months through October, according to data compiled by Bloomberg. The last time was in January, when all indicated a price rise. “The huge number of U.K. house price indices creates so much noise that the true picture rarely emerges,” Channon said in an interview. “Unfortunately, they are produced by organizations that release them with their spin.”

Posted by karma4all @ 10:19 AM (647 views)
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