Property Market Confusion

Two opposing headlines published today by the BBC indicate that BBC News (at least) hasn’t a clue what’s going on in the UK propery market:

  1. BBC NEWS | Business | House prices move higher in July
  2. BBC NEWS | Business | House prices ‘ease as rates rise’

If you read the details, you may realise that these two trends are not necessarily mutually exclusive; but the BBC’s tabloid headline writers simplify news to such an extent that it really makes me question the organisation’s credibility sometimes.