Friday, 2 January 2009

Land registry monthly data - December 2008

Latest data out here showing another monthly fall of 1.9% with an annual fall of 12.2% now.

The graphs on page 12 show the full horror of house sales after a decade of Gordon Brown's debt binge.

To be honest this data is expected to show negative growth now as the data lags the Halifax and Nationwide data by between 3-6 months.

This data series will still be showing monthly falls 3 months or more after the Halifax starts publishing rising monthly prices again. that is not expected until Q4 2009.

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