Is the U.K. Housing Bubble About to Pop?
In this report I cover the early market action from London on Monday, August 20th, 2018. I look briefly at the precious metals, the stock market, the dollar, the emerging markets and the bond market.
I also look at the U.K. housing market and an article on Bloomberg News that reports the biggest drop in house prices for August since Rightmove started publishing the data back in 2001.
My conclusions are that even though house prices are slowing we are not certain yet whether this move in August is just a blip or the start of something more extreme like we saw back in 2008.
"U.K. Home prices Dip": https://www.bloomberg.com/news/articles/2018-08-19/u-k-home-prices-dip-with-london-leading-late-summer-sale
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