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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Wyätt Gwyön who wrote (735)2/26/2004 12:34:47 PM
From: mishedlo  Read Replies (1) of 116555
 
UK House prices surged by an astonishing 3.1 per cent this month, the fastest rate in almost two years, according to figures published by Nationwide on Thursday.

This represented a rapid acceleration from the 0.7 per cent recorded in January, and suggested that two interest rate rises in the last four months have failed to take the steam out of the overheated market.

news.ft.com
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