This blog post has been moved to our new blog. The new link is http://blog.investwise.ie/friday-the-13th-house-price-index/

This blog post has been moved to our new blog. The new link is http://blog.investwise.ie/199/

Its very encouraging for long term investors to see such a quick and dramatic bounce in equity markets over the past 2 weeks. Since the lows of mid March after the Japanese Earthquake and Libya 'troubles', the FTSE, DOW and Dax are all approaching new 2011 highs. This is a real sign that there are huge volumes of cash sitting on the sidelines. These investors feel they have missed the recoveries from March 2009 and are now waiting for any dip which offers value before getting into the markets. This gives me great comfort for the year ahead, which will be extremely volatile but should trend upwards as more cash enters the market.