House prices: Up, down, whatever? Is there just too much data around to really know - Investing Strategy - Mindful Money

House prices: Up, down, whatever? Is there just too much data around to really know - Investing Strategy - Mindful Money

Once upon a time it was pretty easy to work out what house prices were doing, now you need to have the IQ of a quantum physicist.

An awful lot of people in the UK are obsessed with house prices - mainly because they are seen as a leading indicator of how wealthy we are as individuals and as a nation.

While this is itself debatable it hasn't stopped some of the nation's largest mortgage lenders, from publishing monthly indices which claim to be the definitive guide to the state of the UK's housing market.

Such claims have started to lose credence, particularly because they often appear to disagree on where house prices are going.