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Thread: News - Nationwide announces ?surprise bounce? in house prices

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    News - Nationwide announces ?surprise bounce? in house prices

    With the recession showing few signs of abating, the increase is unexpected and may be an anomaly.
    Read more.

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    Not a good person scaryjim's Avatar
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    Re: News - Nationwide announces ?surprise bounce? in house prices

    Quote Originally Posted by The Article
    Given that the root of this recession was a housing bubble fuelled by low interest rates, increasing house prices can no longer necessarily be considered good news.
    Never a truer word spoken. Nice to see some balanced analysis on the economics front! Well written, Scott.

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    Scott B (02-04-2009)

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    Raging Bull DeludedGuy's Avatar
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    Re: News - Nationwide announces ?surprise bounce? in house prices

    It's false optimism.

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    Banhammer in peace PeterB kalniel's Avatar
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    Re: News - Nationwide announces ?surprise bounce? in house prices

    Halifax announced house prices still fell in March.

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    Senior Member Scott B's Avatar
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    Re: News - Nationwide announces ?surprise bounce? in house prices

    Quote Originally Posted by kalniel View Post
    Halifax announced house prices still fell in March.
    Yup, I updated the piece earlier.

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