· Prices increased in 53% of the locations monitored by the Knight Frank Global House Price Index in the year to the end of March 2010 · The Asia Pacific region saw the strongest growth with prices increasing, on average, by 17.8% · Annual price inflation for all global housing markets moved into positive territory for the...
Read more »
With the latest news that house price decline in the UK has hit double digit numbers, and that the decline is even more rapid than at any point in living memory. We are following through with a suggestion we made some time ago … if house prices are bound to fall at least 30...
Read more »
Anyone who can remember the Thatcher era, will remember that the great mantra at the time was that we were moving to a service sector economy. With steel works and mines closing we witnessed great swathes of devastation cut across many parts of the country. Indeed with steel works, mines and ship builders the...
Read more »
News in the UK press this weekend has been full of insightful articles about how the housing market is in trouble and that even financially solvent people have no hope of getting a loan for houses. Halifax announced that it would require future borrowers to first set up an account with them and save...
Read more »
We’ve been harping on about the housing bubble for some time here at The Business News Source. As we pointed out it wasn’t ‘if’ – but ‘when’ the collapse would happen. OK, so the ‘when’ is now here and the focus has shifted to ‘how much’. We’ve seen figures for the UK’s housing stock...
Read more »