Friday, May 09, 2008
FT house prices and repossession orders
Posted by David Smith at 11:30 AM
Category: Thoughts and responses

The FT-Acadametrics house price index continues to provide a much calmer picture than other measures. It reckons prices slipped by 0.2% last month, as in March, to take the annual rate down to 4.1%. Regionally, annual rates range from 0.9% in Wales to 10.7% in Greater London. This is one index pointing to flat rather than collapsing prices. Details here.

Repossession orders rose in the first quarter, though by slightly less than had been predicted in some of the morning papers. Here's the BBC's online report.