Ioannis Verdelis

30Jul/09Off

House Prices (2)

Recently I posted a graph of UK house prices, commenting that something seemed to be changing in the UK housing market.

More recent figures, such as this graph, show that indeed something is changing. The question now is if this will be sustainable.

A lot will depend I think on GDP and unemployment figures in weeks and months to come. If people believe the worst is over, then this will mean some price stability or even growth...

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  1. naz
    August 23rd, 2009 - 05:19

    Come on mate! It’s a percentage change graph; which are the most dramatic. Year change percentage is still in minus!

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