Wednesday, January 16, 2008

Housing survey

This article is by no means the worst culprit - the headline is to some degree sustainable - but the statement:

House prices across the UK tumbled in December at the fastest pace in more than 15 years


I don't think is. The survey reports that the number of surveyors reporting falls is larger than the number of surveyors reporting increases by the largest margin ever. It is possible that the falls they are reporting are very small. In fact given the evidence of the other housing surveys, that must be the case.

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