The increasing stretch of stable house prices is leading forecasters to call the bottom of the slump. The Nationwide late last month tentatively said it may be time to think the unthinkable that house prices may exit 2009 higher than...
There is a growing chorus of voices saying that the worst is over in the housing market and that the upturn is not that far away. And to add a bit more volume to the choir is the latest Consumer...
For the first time in a year the annual rate of inflation measured on the CPI index dropped below 3%, dropping from 3.2% to 2.9%. The main contributor to the fall in inflation was lower energy costs, which contributed to...
The torrent of economic good news gushing from economists and think tanks is almost overwhelming. Hell's teeth it is a boost to confidence. But does this mean that the recovery is in sight for construction?...
It is good to see that the chill wind hasn't frozen the work produced by the economists at the consultancy CEBR. Here is one piece of cogitation that caught my eye. CEBR's chief economist Douglas McWilliams has done a "quick...
If you bought a house in 2003 or afterwards there is a fair change that by 2013 it will be worth just the same or less than as you paid for it. That is the grimmest view taken by the...
Brian Green