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

  1. 02-04-2009, 03:28 PM #1
    HEXUS
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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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  2. 02-04-2009, 03:49 PM #2
    scaryjim
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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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  4. 03-04-2009, 08:57 AM #3
    DeludedGuy
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    Re: News - Nationwide announces ?surprise bounce? in house prices

    It's false optimism.
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  5. 03-04-2009, 12:24 PM #4
    kalniel
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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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  6. 03-04-2009, 12:34 PM #5
    Scott B
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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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