Debate House Prices


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Halifax +2.6 % MoM

1272830323347

Comments

  • ShelleyC wrote: »
    God my head hurts you lot do argue a lot of bullocks!

    I'm sticking at a few up and down blips with an overall 10ish% drop over 2009.

    my 2009 prediction at beginning of year was 10-12% down y-o-y at end of december with the larger falls to come in 2010

    I'm thinking more around 9-11% down for the year now tbh with the larger falls to come in 2010
    Prefer girls to money
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They didn't treble over 12 - 14 months, it was a sustained climb. Twelve years of growth followed by just 14 months of falls? I seriously doubt it.

    But they have been substantial falls. Sure, we are likely to get more falls, but with little rises as well - it will keep prices more-or-less around this level for the next few years.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    They didn't treble over 12 - 14 months, it was a sustained climb. Twelve years of growth followed by just 14 months of falls? I seriously doubt it.

    Apologies, I keep hearing on here that they had trebled icon7.gif
    '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 Thatcher
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    Dan: wrote: »
    But they have been substantial falls. Sure, we are likely to get more falls, but with little rises as well - it will keep prices more-or-less around this level for the next few years.

    Not unless you mean "more little falls, but with little rises as well". We're going to see small rises as the market pauses for breath and then larger falls when realism sets back in. The graphs will look like the steps down to the (bargain) basement.

    I'm expecting 90% drops before we hit bottom.






    (joking! - probably upto 40% drops from peak)
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    I went for 10% this year.

    I am not confident on that now. someone should do a new poll
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    StevieJ wrote: »
    Apologies, I keep hearing on here that they had trebled icon7.gif

    Yes, I saw one poster reckoned they had increased by 50% virtually overnight :rolleyes:. This sort of statement doesn't help the Bear cause and should be disregarded as the rantings of a crank by the wider community. IMHO.
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • pretty sure prices more than trebled in North London 1995-2007 imo
    Prefer girls to money
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    StevieJ wrote: »
    Apologies, I keep hearing on here that they had trebled icon7.gif
    I think you'll find at one point they increased by 50% overnight.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Not unless you mean "more little falls, but with little rises as well". We're going to see small rises as the market pauses for breath and then larger falls when realism sets back in. The graphs will look like the steps down to the (bargain) basement.

    I'm expecting 90% drops before we hit bottom.







    (joking! - probably upto 40% drops from peak)

    Okay, good luck!
  • kynaston rd n16 0ed

    #80
    2007: 480k
    1995: 100k

    #6
    2007: 595k
    2003: 387k
    2001: 155k

    #46
    2006: 455k
    2003: 370k (msut have had work done!)
    2002: 172k

    #67
    2007: 440k
    1997: 162k

    #79
    2006: 494k
    2003: 330k
    1997: 160k

    #90
    2002: 327k
    1995: 105k
    Prefer girls to money
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