Comments: A Nationwide surprise

I find it beggers belief that NW can come out with this in light of the credit crunch, CML figures and just about everyone else with a vested interest in property, reporting prices / hpi declining.

This report is fit for not much more then the wastebasket.

Posted by Dan at October 31, 2007 01:51 PM

Not in my neck of the woods they aren't.

Still he who has the levers of the Ministry of Truth.....

Posted by F.Fox at October 31, 2007 02:42 PM

The housing market data we get is at different stages of the home-buying cycle, so some variation is inevitable. The fact that these figures were out of line with expectations suggests we should treat them with some caution but it also says a lot for the honesty of the data. An unscrupulous producer of data would have massaged the figures lower.

Posted by David Smith at October 31, 2007 03:34 PM
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