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Debate House Prices


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Will the average house price be lower or higher in August 2010?

tommy75
tommy75 Posts: 583 Forumite
edited 9 August 2009 at 10:31AM in Debate House Prices & the Economy
Will the average house price be lower or higher in August 2010 than now?

Another magic 50 billion steroids... What will we see in the coming months... What will happen after next years general election?

edit: From August 2009.

Will house prices be higher this time next year (aug 2010) 157 votes

Higher
29% 47 votes
Lower
70% 110 votes
«13456710

Comments

  • Lower or higher than when?

    Now or 2007?
    Not Again
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    From now or February 2009?
  • Well. I assume it is higher or lower than now (8th Aug 09).

    I think that there will be more bungalows so I am going for lower.

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think that there will be more bungalows so I am going for lower.

    GG

    Built?

    Lower than July 2009 price indexes.
  • LilacPixie
    LilacPixie Posts: 8,052 Forumite
    I'm going for lower. Prices where I am are still on the whole too high and we haven't really been affected by price falls YET!! After the GE interest rates are only gonna go one way and alot of people appear to only just keeping theirs heads above water at the moment.
    MF aim 10th December 2020 :j:eek:
    MFW 2012 no86 OP 0/2000 :D
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    I'll go for lower, paradoxically I'm seeing more drops on PB than at any time since the end of last year. The rise in the indices along with the media spin seems to be coaxing people to put their houses on the market, the problem is it seems to be that they have forgotten that transactions are a historic lows and there are very few buyers out there.

    So when they've failed to find a mug that they can offload their sizeable debt to, they seem to be capitulating quickly and dropping prices.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ad9898 wrote: »

    So when they've failed to find a mug that they can offload their sizeable debt to, they seem to be capitulating quickly and dropping prices.

    We should see the Halifax index collapse next month then 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
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Higher. (on at least 1 index)
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Dan: wrote: »
    Higher. (on at least 1 index)
    The Following User Says Thank You to Dan: For This Useful Post: Show me >> rewired3 (Today)

    Join Date: 30-07-2009
    PostsTotal Posts: 0 (0 posts per day

    It will be good when they give up with thanks for this forum.
  • pete80
    pete80 Posts: 170 Forumite
    Can I stick my neck out and estimate Halifax index down 6% from now by next August?

    Only an opinion of course, to stop chucky jumping on my case....:rolleyes:
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