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Debate House Prices
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MSE News: Land Registry reports further house prices rise (up 1.7%)

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Bigger than I thought.
Green shoots anyone.
Green shoots anyone.
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This marks the end of the house price crash. It's been a good one, but sadly, has to come to an end.
"Property prices rose by 1.7% in England and Wales during July, according to the Land Registry index.
Typical values were up 1.7%, meaning the average property price is now £155,885. Prices are down by 11.7% compared to this time last year ..."
Land Registry reports further house prices rise
It will go down at winter but will it ever go lower than the low of this year.
I was thinking 25%-35% but I think I may be wrong.
and here the official release...
i think things are moving as interest rates are so low and that is encouraging people to buy. There are also really great deals out there. In addition people think that they can pay a lot more debt when interest rates are so low. At the moment there are lower prices for house and lower interest rates. There may be lower prices in the future but interests are surely to go up. That is the only explanation I can offer otherwise I am also shocked!
to May 2009, transaction
volumes averaged 35,848
transactions per month. This
is a decrease from the same
period last year, when sales
volumes averaged 61,743.
Interesting
i think its just a matter of time before reality checks in, and prices come crashing off big time..
(MSE Andrea says ok!)