UK House Prices Bull Market Accelerates on Panic Buying
Housing-Market / UK Housing Apr 14, 2016 - 08:56 AM GMTBarely a few weeks on from when Britain's housing market bears were starting to reappear on the scene in the mainstream press with perma doomsday headlines that followed Februarys 1.5% plunge and on the back of news of a fast slowing UK economy. Now out pops the Halifax with its latest data that show average UK house prices have once more accelerated to above 10% per annum! By galloping ahead by a whopping 2.6% for March near double Februarys 1.5% drop, and despite Februarys drop are up by 2.9% so far thus year which converts into an annual inflation rate of 11.6%.
Find out in the following video what the prospects for UK house prices are for the remainder of 2016 and beyond.
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By Nadeem Walayat
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Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.
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