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Debate House Prices


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Nationwide Tomorrow what do we think.

Forecast is up 0.6%
So what do we think down or given up.

What do we think 101 votes

Up 0%-0.5%
31%
adr0ckmichaelsnik_2JanCeewolvomandougsbluekpRosscobarrymoneyginandtonic1988pickles110564kissingthepinkJonbvnBigMarvTurnbull2000jim83neasAnnpanDeleriadLaughing_man 32 votes
Up 0.5%-1%
22%
joebmcGeneraliIonkontrolskap7309robin_banksnollag2006HammersFanLennys_ShinpadPete111JimBoB_5Heyman_2SingleSuegreggymagicb0rkerthemanbearpigandyroberts1967IntlGirldalkey1HowlinWolfBootski 23 votes
Up more than 1%
12%
ThrugelmirVincenzolittlebighorseray123Dan:_4mewbie_2halightHAMISH_MCTAVISHNYGiantsnearlynewdjd68StiflersMomWhite_Hot_Day 13 votes
Down 0%-0.5%
9%
Elaine_WilsonwobblegobblepurchPasturesNewbrit1234treliacjulieqtommy75care_in_the_communtiyreef 10 votes
Down 0.5%-1%
4%
shakerbabydopesterTD5Jonny77Dr.Octagon 5 votes
Down more than 1%
5%
KarnajenicEngelbertgeoffkyoverlanderdfhmortgage_adviser_2 6 votes
Given Up.
11%
mrswDavesnavemovingforward2010abaxasPhireflyarcalisUnknownfc123Lotus-eaterbambam101Cidersiddsuk 12 votes
«1345678

Comments

  • wolvoman
    wolvoman Posts: 1,195 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Up 0%-0.5%
    Tiny increase, 0.1% or 0.2%, something like that.

    Then we'll see a couple of small drops.

    I'd be amazed if average house prices are more than +/- 5% from current levels in a year's time.
  • System
    System Posts: 178,426 Community Admin
    10,000 Posts Photogenic Name Dropper
    They can't keep rising at the rate they have been surely?

    But I've given up predicting these things.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    wolvoman wrote: »
    Tiny increase, 0.1% or 0.2%, something like that.

    Then we'll see a couple of small drops.

    I'd be amazed if average house prices are more than +/- 5% from current levels in a year's time.

    quite a fair assumption

    do you realise that the above makes you an over-leveraged bull and a HPI cheerleader for having that opinion and not saying that house prices will drop another 20%? :confused:
  • System
    System Posts: 178,426 Community Admin
    10,000 Posts Photogenic Name Dropper
    chucky wrote: »
    quite a fair assumption

    do you realise that the above makes you an over-leveraged bull and a HPI cheerleader for having that opinion and not saying that house prices will drop another 20%? :confused:

    You missed out debt-junkie
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • SingleSue
    SingleSue Posts: 11,718 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Up 0.5%-1%
    I've said between 0.5 and 1% (the figure I had in mind was 0.7....not that I am basing it on anything!)
    We made it! All three boys have graduated, it's been hard work but it shows there is a possibility of a chance of normal (ish) life after a diagnosis (or two) of ASD. It's not been the easiest route but I am so glad I ignored everything and everyone and did my own therapies with them.
    Eldests' EDS diagnosis 4.5.10, mine 13.1.11 eekk - now having fun and games as a wheelchair user.
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    Up 0.5%-1%
    Up a bit I think (possibly optimistically)

    Prices do still seem to be defiying the summer lull and edging upwards. From speaking to a couple of EA' and a broker recently they all seemed to agree things were looking up. Also, a recent surveyors valuation on my house in late July surprisingly came in 5% higher than an estate agents valuation in May. So, applying all of that highly sketchy and impossibly niche information I'm going for +0.5-1%!!

    P
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
  • Lotus-eater
    Lotus-eater Posts: 10,792 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Given Up.
    wolvoman wrote: »
    Tiny increase, 0.1% or 0.2%, something like that.

    Then we'll see a couple of small drops.

    I'd be amazed if average house prices are more than +/- 5% from current levels in a year's time.
    I'm thinking you may be right.
    If I had to put real life cash on where prices are going to be in a years time, I would say lower, but I wouldn't be shocked if they were a bit up.

    ps where is the "down more than 5%" option?
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Up 0%-0.5%

    ps where is the "down more than 5%" option?

    Given Up :)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    quite a fair assumption

    do you realise that the above makes you an over-leveraged bull and a HPI cheerleader for having that opinion and not saying that house prices will drop another 20%? :confused:

    Shouldn't that be another 50% 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
  • michaels
    michaels Posts: 29,514 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Up 0%-0.5%
    Locally where the turn in the market was very pronounced in Feb/March the sales and prices achieved have brought a lot more properties on to the market at very inflated asking prices some of which have started to be reduced of late - whether this will feed through in to the Nationwide figures yet is doubtful but I think the predicted stagnation/small falls is very much on the cards along with volumes falling back again.
    I think....
This discussion has been closed.
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