Halifax hopes for end to fiction
Language: English Series: Daily Express ; 6 January 1993, 27(1)Publication details: 1993Subject(s): Summary: The Halifax Building Society will give up its prediction of house price trends after repeated inaccuracies, unless this year sees an improvement. Although its monitoring of current prices employs the most sophisticated system in Europe, analysts cannot account for psychological variables and are under pressure to produce positive forecasts.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2901-34 (Browse shelf(Opens below)) | 1 | Available | 18398-1001 |
The Halifax Building Society will give up its prediction of house price trends after repeated inaccuracies, unless this year sees an improvement. Although its monitoring of current prices employs the most sophisticated system in Europe, analysts cannot account for psychological variables and are under pressure to produce positive forecasts.