Value of UK homes rose £125.7 billion in 2009
Here is a figure I love to highlight – just for the craic. It seems to get people all hot under the collar for some reason. The Blue Book of national accounts shows the official estimate of the value of homes in the UK. The latest edition, out today, puts the figure for the end of 2009 at £4,048.3 billion against £3,922.6 billion in 2008. That is a rise of £125.7 billion. Mind you, if you apply a deflator – say that…