LIES, DAMNED LIES AND STATISTICS

I was interested to read a report from Lloyds Bank advising that the number of homeowners hit a 7 year high in 2014.  They have estimated 365,400 people moved home last year which was the largest annual increase of home movers since 2010 and the third successful annual rise.  This is a very welcome sign, however, to put matters in perspective, these figures are still at approximately half the level as seen in 2007.  Another indication of “steady as she goes”?

Lindsay Darroch
Partner & Head of Property
www.blackadders.co.uk

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