House Prices

It’s been quite a while since I blogged about house prices, or anything to do with the economy at all really. Mostly because not much seems to be happening. Government prints some money, nothing much moves anywhere, least of all house prices which hae remained pretty much stable the alst few months. An odd rise here, and odd drop there but not a lot. Until that is, the Halifx’s latest report indicated a 3.6% drop in asking prices for September. Now, I know these are asking prices and I know it’s a monthly change but this is a pretty awful statistic.  The quaterly change incidentally is 0.9%, which is not as awful. I suppose the next few months will be telling. The annual change is now +2.6%, which isn’t great considering inflation is something higher than that!

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