2009 House Price Forecast - HPC Board beats Halifax and Nationwide

robin_banks

Down between 15% and 20%

I think 2009 will be far harder redundancies have yet to really kick in, particularly in retail and manufacturing.

15%-20% with some stabilsation in 2010.

skap7309

Down between 15% and 20%

stevetodd wrote: »

Who on earth is predicting the bottom in 12 months time?

The way the media talk you would be forgiven that the end of 2009 is the bottom and everything goes back to normal.

With the economy, job losses and everything factored in the back end of 2010 seems to be when i would put my money on turning the corner.

carolt

Down between 15% and 20%

Let's hope you're right.

Long recessions = not nice.

StevieJ

Down between 3% and 10%

5%
House Prices
Q1 4%, Q2 1%, Q3 0%, Q4 0%

Growth
Q1 -1% Q2 -1% Q3 -0.5%, Q4 0

Interest Rates
Q1 1% Q2 1% Q3 1% Q4 1%

CPI
Q1 1.5%, Q2 0.5%, Q3 0.5% Q4 2%

shaven-monkey

leather trousers with the !!!! cut out.
war between china and the US due to unpaid bonds being issued now to prop up the US economy followed by collapse of the capitalist system globally.

Aftwerwards an era of utopian plenty thanks to depopulation from bio, chem and radiological weapons.

Or maybe 30% drop, or less, or somewhere in between.

ShelleyC_2

Down between 10% and 15%

I reckon another 15ish% off - would be happy with more but then I'm a vulture :rolleyes:

Cannon_Fodder

Down between 15% and 20%

stevetodd wrote: »

Who on earth is predicting the bottom in 12 months time?

take a look at StevieJ's post...!

Heyman_2

Down between 15% and 20%

I've gone for between 15 and 20%.

Most people can't buy if they can't get a mortgage, and I don't see the mortgage situation getting any better in 2009. Prices will continue to drop as sellers become ever more competitive to attract legitimate buyers.

I don't see the pace of falls increasing by that much - but who knows really???

skap7309

Down between 15% and 20%

Something interesting over on HPC.co.uk.

Average falls over the last 9 months are 2.02%. If this continues (and no reason to suggest otherwise) we are looking at around a 24% fall over the next 12 months.
If Haliwide produce a prediction like that, all hell breaks loose and the sheeple panic behond belief.

Coincedence for not producing figures? I doubt it........

JayScottGreenspan

Down between 10% and 15%

Nationwide down 10.5%, I reckon.
Land Reg down 13%.