Wednesday, January 9, 2008

Why Have House Prices Increased Faster than Inflation?

Halifax have announced figures to show that in December house prices rose by 1.3%, cancelling out the previous month’s fall. This shows that the doom and gloom surrounding the UK Housing Market may be slightly exaggerated. However, some people question how reliable the data is. For example, other statistics such as mortgage approvals show definite [...]

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[Source: Mortgage Blog]

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