09.12.2010 - Competing U.K. indexes keep homebuyers guessing in wary market
From Bloomberg: U.K. home prices are rising. Or they’re falling. It depends whom you ask. Property researcher Hometrack Ltd. reported a 0.9 percent monthly decline in October, the biggest since January 2009. Mortgage lender Halifax said prices rose 1.8 percent, rebounding from a 3.7 percent drop in September. Acadametrics Ltd. tracked a 0.3 percent gain, pushing prices to the highest since June 2008. Britons deciding whether to buy, sell or invest in residential property are left to sift through at least seven indexes that provide different results and regularly diverge on the direction of prices..............................................Full Article: Source
Print