House prices And Interest Rates

How Interest Rates Affect House Prices

20 Jan 2008 / House prices And Interest Rates / 5 Comments

It’s said that the last housing crash in the UK, 1990-1995, was due to two main factors- low employment and record high interest rates. If people aren’t employed and interest rates are high, how will people buy houses or pay their mortgage? They can’t. I was specifically interested in how the Bank of England Base [...]

How The Main House Price Indices Gather Their Data

16 Oct 2007 / House prices And Interest Rates / 0 Comments

Indices are statistical measures of change in the economy or financial markets. Here’s a list of the main house price indices, and how they individually retrieve their statistical data. Land registry The Land Registery report quarterly and gather their data from the actual sale prices paid at completion. Adjustment: no seasonal adjustment. Financial Times (FT) [...]

Experts Don’t Have A Clue About UK House Prices

09 Feb 2007 / House prices And Interest Rates / 0 Comments

It’s come to my attention that no one really knows whether house prices are going up or down, not even the experts. I have no qualms if someone doesn’t know the answer to a question, because that was me all through school, but there’s something distasteful about an expert just “blagging it”. Evidently, the experts [...]