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Q1 2010 predictions
nollag2006
Posts: 2,638 Forumite
With house prices up a stonking 1.2% according to the Nationwide during a cold and snowy January, and the Spring bounce yet to start, what are your predictions for overall prices rises in Q1 2010?
Here is a lovely graph to help you understand the latest direction of house prices...
:rotfl::rotfl:
Here is a lovely graph to help you understand the latest direction of house prices...
:rotfl::rotfl:
How much will house prices rise over Q1 2010? 33 votes
> 5%: House price growth gaining real momentum
12%
4 votes
3 - 5%: House price recovery well underway
9%
3 votes
1 - 3%: Slow trend up from Jan
30%
10 votes
+/- 1%: Much of Jan's increase to be unwound
30%
10 votes
-1 to -5%: Double dip on the way (seriously)
18%
6 votes
-5 to - 70%: Doomed - we're all doomed
0%
0
Comments
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nollag2006 wrote: »With house prices up a stonking 1.2% according to the Nationwide during a cold and snowy January, and the Spring bounce yet to start, what are your predictions for overall prices rises in Q1 2010?
Here is a lovely graph to help you understand the latest direction of house prices...
:rotfl::rotfl:
40% down In Northern Ireland.
February was the 29th consecutive month that prices had fallen.
Your graph is an average. No doubt propped up by cash rich buyers in the SE of england. Probably [STRIKE]wa.nkers[/STRIKE] bankers spending their bonus0 -
StiflersMom wrote: »Some of these bears are becoming really quite vulgar and snide, as the tide turns against them.
Pathetic really.40% down In Northern Ireland.
February was the 29th consecutive month that prices had fallen
If thats turning then long may it continue0 -
0
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StiflersMom wrote: »Glad you're finally accepted that the national picture is so strong with 10%+ house price growth in some areas, even if some small regions, such as NI, are still falling. Overall the picture is strong for GB.
NI's economic and house price problems are structural - the economy there has been too heavily dependent on government spending for years. It will really continue to suffer, while the mainland's economic recovery accelerates.
:rotfl::rotfl::rotfl: yeah 0.1% is a great start0 -
Each month Haliwide becomes more detached from reality. I'm looking to sell a 3 bed terrace in a couple of months and also know someone selling a flat in Surrey. We have been told the properties are both worth no more this year than this time last year. In my areea if you are buying for 400K+ then prices are rising but for flats and terraces no real change.
Reminds me of this time last year when all those on HPC thought they could get 20-25% of 2007 prices because Haliwide said so. Most soon found out this was no reality unless you wanted a dump.0 -
> 5%: House price growth gaining real momentumI think they will continue rising towards a new peak, this year or next. When I say peak, I don't mean that's as high as they will go, because I expect them to keep rising forever. There's no reason why houses should not continue to outstrip wages for at least 100 years, probably even longer.
Once the money taps are turned back on, and a load of whinging layabouts get back to work, probably by March at the latest, I would expect double digit increases for the rest of this decade.
Although some people keep saying "missed the boat" this is not the case. There is plenty of upside in this market, never been a better time to get into BTL, or for the poorer among you, home ownership, in my opinion. Rents are also likely to double or triple in the next couple of years, and as interest rates are going to stay below 1% for ever there is only one way this baby is going.
I for one am going straight down the estate agents to see if I can get on board this good ship and am looking forward to solid month on month increases for the rest of my days.
I hope you will all celebrate one of the last bears turning bull...0 -
Yet more lame bait from Nollag. I don't think that he could catch a bear in a million years.nollag2006 wrote: »With house prices up a stonking 1.2% according to the Nationwide during a cold and snowy January, :rotfl::rotfl:
0 -
nollag is the bull version of addowney, the only difference is he doesn't get 30 thanks per post from the sheeplebears.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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Not really. I don't respond in the desired fashion. I treat his cack-handed attempts at winding bears up with the ridicule they most richly deserve.StiflersMom wrote: »Looks like nollag manages to "catch" you a lot based on the number of times you respond to his / her threads
:dance:0 -
1 - 3%: Slow trend up from Jan40% down In Northern Ireland.
February was the 29th consecutive month that prices had fallen.
Your graph is an average. No doubt propped up by cash rich buyers in the SE of england. Probably [STRIKE]wa.nkers[/STRIKE] bankers spending their bonus
im not suprised. who the hell wants to live in NI?0
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