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Debate House Prices
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Will the average house price be lower or higher in August 2010?
Comments
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Graham_Devon wrote: »Case is already closed. Kept me busy for like 30 secs on Wednesday or whatever night it was though!
Gutted now,am just about to disappear and re-point garden wall and get a tan at the same time,was hoping to find 20 pages on this thread at 5pm.Official MR B fan club,dont go............................0 -
Anyway..
I like rewired.
The original and still the best."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
rewired3 is online right now, so how can I be singed in twice at the same time?0
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Higher.
The real recovery will begin early next year and the house price run rate should be between 1% and 3% higher next year than this year in most months after Q1.
I expect 2% to 3% gains next year, and 5% to 7% gains in 2011. It will take until 2012/2013 for the national average to cross 2007's peak, but by 2015 prices will be at least 15% higher than they were in 2007.
Whilst that is quite a gloomy picture overall, with prices taking 5/6 years from 2007 to get back to peak as a national average, there will of course be significant variances by area and property type. Those inner city new build flats with 50% falls have dragged down the averages when prices were decreasing, and will do the same on the way back up.
Whereas the many property types and areas that have only seen small falls so far will be back to 2007 prices much faster, and see peak plus 15% much sooner than 2015 as well.
There are already areas that are showing year on year positives.
The number of these areas will increase steadily from this winter onwards.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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You are a silly boy McTittish.
But you do make me laugh.
( ps I like rewired)."The problem with quotes on the internet is that you never know whether they are genuine or not" -
Albert Einstein0 -
rewired3 is online right now, so how can I be singed in twice at the same time?
Do you know how many times I have seen this line?? I come from Discussion Time and every single person using 2 names says the same thing as some form of innocence.
IE for one, Firefox, Opera, Chrome, Safari for the other.
Simples.
You protest too much.0 -
Graham_Devon wrote: »
You protest too much.
You assume too much.0
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