Debate House Prices


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BOE's Barker: housing market not yet out of the woods

15:20 24Jun09 - BOE's Barker: housing market not yet out of the woods

(GBP) BoE MPC's Barker says she agrees that the jury is still out on the UK
economic recovery, adding it could be quite uneven going forward. States that lots of markets are still very volatile. Opines that we are not necessarily out of the woods with regard to the housing market and rising repossessions are likely to weigh. Feels the UK still has quite some way to go before it gets back to normal levels of housing market activity.
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Comments

  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    15:20 24Jun09 - BOE's Barker: housing market not yet out of the woods

    (GBP) BoE MPC's Barker says she agrees that the jury is still out on the UK
    economic recovery, adding it could be quite uneven going forward. States that lots of markets are still very volatile. Opines that we are not necessarily out of the woods with regard to the housing market and rising repossessions are likely to weigh. Feels the UK still has quite some way to go before it gets back to normal levels of housing market activity.

    Out of the Woods ?, I would suggest we have only found a clearing in the middle of the forest.
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Have we found this clearing just so we can take a s***? Before we move on?
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
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