Wednesday, 8 July 2009

Spring bounce over! Back on your heads!

From The Halifax June House Price Index:

There was a 0.5% decline in average UK house prices in June. On a quarterly basis, the 1.9% fall in house prices in the second quarter was the smallest since 2008 quarter one. These figures provide evidence that the underlying pace of house price decline is easing.

I am also pleased, nay delighted, to note that their non-inflation adjusted average house price (Sheet 13, All Buyers, Monthly, Non-seasonally adjusted, Excel) has finally gone five-year-on-five-year negative, standing at £158,807 as against £161,968 in June 2004.

1 comments:

formertory said...

But what would Fionnuala Earley have said? And what, in fact, has happened to her? Is she bound and gagged in an office in Swindon?

I think we should be told.