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House prices have still risen annualy

From the FT:

"“On an annual basis, house prices rose by 4.1%"

So not as bad as everyone makes out.


:beer:

Comments

  • brit1234
    brit1234 Posts: 5,385 Forumite
    Yeah right:exclamati
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • PayDay
    PayDay Posts: 346 Forumite
    Link please.
  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    Might be true. All it needs is for them to have risen more in the first part of the year than they have fallen in the latter part.
  • Brainache
    Brainache Posts: 35 Forumite
    mpsavuk wrote: »
    From the FT:

    "“On an annual basis, house prices rose by 4.1%"

    So not as bad as everyone makes out.

    The FT's house price data has a lag, as does the Land Registry data (2-3 months iirc). If you look back to Halifax/Nationwide data from Jan 08 (i.e. approx 3 months ago), they were also showing +4% year-on-year. Their latest data shows -1% YoY. Does that sound lilke a positive trend to you??
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