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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: CalculatedRisk who wrote (23503)	2/14/2005 9:28:29 AM
From: mishedlo	Read Replies (1) of 116555

UK Dec house prices down 0.7 pct from Nov; up 10.7 pct yr-on-yr - ODPM Monday, February 14, 2005 9:50:06 AM afxpress.com LONDON (AFX) - Government figures showed today that the UK housing market continues to slow down, with the second straight fall recorded in as many months. Data from the Office of the Deputy Prime Minister showed that the average house price in the UK in December fell 0.7 pct from November to 178,906 stg from 180,126 stg In November, the average price was 0.1 pct lower than in October Compared with the same month the previous year, the average house price was up 10.7 pct, down from the 13.7 pct increase in November The latest reading is well below forecasts of 12.0 pct

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