How much will house prices rise?

Procrastinator333

Dan: wrote: »

House prices will be higher by November 2011, everyone knows it, and the small band of bears struggling for home ownership will still be here posting the usual nonsence and masturbating over their keyboards everytime nationwide/halifax reports a small fall - gotta love this forum, but you can see why it's closed to the general public.

There are often posts like this and I don't comment on many of them simply for lack of time and or not in the mood for posting, but seriously, are you 13,14? The lack of intelligence and low level of maturity such a post conveys suggests this is not an unreasonable assumption.

Anyway, to answer the question.

Prices are now falling with both hali and nationwide showing quarterly falls. I don't think this will gather pace, but equally, there is little to stop this slow decline. Perhaps if enough property is pulled from the market, but the RICS surveys do not point to that happening yet.

Without something changing to the demand side of the equation, prices will be down something like 5-7% in 12 months in my opinion.

Graham_Devon

undetterred wrote: »

The posts just about sum up yourself on the matters.

Thanks for the input.

undetterred

Graham_Devon wrote: »

Thanks for the input.

Take it on board and exorcise your demons.

Graham_Devon

undetterred wrote: »

Take it on board and exorcise your demons.

You do realise were both behind monitors?

ruggedtoast

Dan: wrote: »

House prices will be higher by November 2011, everyone knows it, and the small band of bears struggling for home ownership will still be here posting the usual nonsence and masturbating over their keyboards everytime nationwide/halifax reports a small fall - gotta love this forum, but you can see why it's closed to the general public.

Dan, your signature; now dont take this the wrong way, but it doesn't mean anything.

"This is the bottom for this cycle" Just means. "This is the bottom unless / until it drops lower than this, in which case I can claim it was another "cycle", whatever that may be.

I didnt want to say anything before, but if you'd just be good enough to have a look at it.

Cleaver

Graham_Devon wrote: »

You do realise were both behind monitors?

I'm in front of mine.

careinthecommunity

Dan: wrote: »

House prices will be higher by November 2011, everyone knows it, and the small band of bears struggling for home ownership will still be here posting the usual nonsence

the thing is you only have to wander over any other forum to see it is not a small band of struggling bears,

ftbers asking for loans to make up deposits, people who cant understand that there house isnt worth more than they paid because they put in corian worktop and is "superior" to the house nextdoor, or the current default argument to blame the banks for not lending [this is disregarding the fact that if house prices go up, then wages generally have to increase]

Dan: wrote: »

and masturbating over their keyboards everytime nationwide/halifax reports a small fall

funny that, because i see plenty of the same when nationwide/halifax report rises



as for "everyone knows it", care to back up this populas statement?

Loughton_Monkey

In 12 months time. London & SE, plus 2%. Midlands/SW 0%. North/NE/NW -2.5%. Scotland -5%. Ireland -10%

Dan:_4

Procrastinator333 wrote: »

There are often posts like this and I don't comment on many of them simply for lack of time and or not in the mood for posting, but seriously, are you 13,14? The lack of intelligence and low level of maturity such a post conveys suggests this is not an unreasonable assumption.

Considering the audience, there is little point spending time constructing well thought out and intelligent posts.

hoggums

Sibley wrote: »

I predict houses will rise by this time next year.

I'd say average property price will be £170,000 by November 2011 and mortgages will be more available than now.

There is a much better feeling this month. Property has started to really move and good prices are being achieved.

I think good consumer spending up until Christmas, a few sales and people will have the good feeling back.

Don't listen to the doom and gloomers. Believe what your eyes tell you. Look for the sold signs and queues in the shops.

This is the end of the credit crunch. Enjoy.

We made it through. Upwards and onwards now. The bad times are behind us.


Come on lets be having you then. What's your predictions?

Failed there.