We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

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

13567…10

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ess0two wrote: »
    Should keep you busy on a sunny sunday,feverishly getting to the bottom of rewired3,chief inspector devon.:T

    Case is already closed. Kept me busy for like 30 secs on Wednesday or whatever night it was though!
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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............................
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    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 Einstein
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    rewired3 is online right now, so how can I be singed in twice at the same time?
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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”
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    Oh darn, you got me fooled then.

    He must be good to catch you out 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
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    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 Einstein
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    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.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Graham_Devon wrote: »


    You protest too much.

    You assume too much.
  • pete80
    pete80 Posts: 170 Forumite
    nearlynew wrote: »
    You are a silly boy McTittish.
    But you do make me laugh.

    I think his advisers are Anthea Redfern & Grant Bovey:D
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture