Brickonomics

Official figures put house prices 14.2% below peak

The latest official figures produced by Communities and Local Government to gauge house prices suggest the decline in prices accelerated in February to an annual rate of -12.3%, which puts them 14.2% down from peak. No particular surprise there. But...

Posted by Brian on April 15, 2009 11:44 AM

Is this Government ignorance which I see before me?

The latest report from the House of Commons Communities and Local Government Committee called Housing and the Credit Crunch is well worth a read for a run through of the current travails of the industry. It seems broadly to "welcome"...

Posted by Brian on February 24, 2009 9:31 AM

Why house prices indexes seem insane and short-term forecasts are futile

The Council of Mortgage Lenders is bang on when it says it is futile to try to update its house price forecast. Frankly it is probably sufficient to say that houses are worth less than they were a year ago...

Posted by Brian on September 24, 2008 9:25 AM