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House prices - not a sign of deflation

Series: Financial Times ; 5 September 2000, 4(1)Publication details: 2000Subject(s): Summary: According to the Nationwide building society, a house price fall of 0.6% in August does not suggest that Britain is heading towards a repeat of the house price deflation of the late 1980s. Nationwide report that despite the monthly fall, house prices are still up 11.2% on the year.

According to the Nationwide building society, a house price fall of 0.6% in August does not suggest that Britain is heading towards a repeat of the house price deflation of the late 1980s. Nationwide report that despite the monthly fall, house prices are still up 11.2% on the year.