The Nonsense That Is House Price Reporting 488388807043998927-blid-4725267407580725713

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As someone who wrote a report in late 2007 explaining why house prices would fall over 30% in the next five years (from that start point), I may not be best placed to have a rant about house prices and the way that movements are reported but here goes anyway: 1. The reporting of house price information is completely skewed by one simple fact; only sales of house prices are considered, any house that is over-priced and does not sell are not considered. So when my newspaper reports that the average house price is now...
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