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Extra checks all round! Ongoing blushes in housing market

By Chris Bailey of Financial Orbit | Saturday 6 April 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


When it all goes wrong, well it just all goes wrong.  I had to smile earlier today when I read that the oft-quoted Halifax House Price Index had bogged up and the old building society (now of course owned by Lloyds Bank (LLOY)) had to withdraw the latest data.  You would have thought somebody, somewhere in the analytical process, would have noticed that if it was rather unusual that prices had risen more than 3% in the three months to March.  
 
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