prices on wine
Jul 2010
ClosedUnlike our own Permanent TSB/ESRI which takes a full 30 days after the period end to issue its (quarterly) House Price Index, the UK seems to have better data collection and analysis systems for reporting on house prices. The Nationwide Building Society has today published its July report. That Nationwide Building Society report is one of the referenced sources of information set out in the NAMA Long Term Economic Value Regulation and is a source for the key market data information shown at the top of this page.
The latest report from the Nationwide shows that prices in the UK fell by 0.5% in the month of July, the first decline in prices in since December 2009. The Nationwide attributes the fall to an increase in supply (the abolition of HIPs in June – the UK’s rough equivalent of the BER and sellers being tempted back into the market by a strong recovery in prices which has been evident since the start of 2009) and a decrease in demand (tight credit conditions and swingeing cuts to the public service and uncertainty about the economic future). The average price of a property in the UK today is GBP 169,347 (EUR 203,165 at GBP 1 = EUR 1.1997).
As for NAMA...
Read more ...
Filed under: allied domecq spirits wine












