Friday, September 05, 2008
The house-price conundrum
Posted by David Smith at 10:00 AM
Category: Thoughts and responses

Halifax is down nearly 13% over 12 months, while the Land Registry shows a fall of 2% and the FT-Acadametrics index is flat. The FT's online Money Show has had a look at these discrepancies and concluded, perhaps unsurprisingly, that its own index is the most accurate. That may be pushing it a bit - prices have certainly fallen - but there are good reasons, brought out in this podcast, why the lenders' data overstate it. It is the second item on the September 4 podcast, after a piece on the stock market.