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Debate House Prices
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House price slump is already upon us
Comments
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black_taxi wrote: »daily express lives in a diff world
You're probably right (them and Moneyweek).0 -
House price slump is already upon us
Average house price Jan 2011 = £161,600
Average house price July 2011 = £168,731
Some slump.....
“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”0 -
HAMISH_MCTAVISH wrote: »Average house price Jan 2011 = £161,600
Average house price July 2011 = £168,731
Some slump.....
Land Registry:
Jan 11 - £163,177
Jul 2011 - £163,049
Halifax:
Jan 11 - £164,173
Jul 11 - £163,981
CALG:
Jan 11 - £208,522
Jul 11 - £204,981
I'd call that a slump. It's just moving sideways. And that's with all the stimulus and low interest rates.0 -
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Oh no! are we going to have a house price crash?0
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Its all about supply and demand IMO. And in the UK demand is ahead of supply, and with more people v less new builds I cant house prices falling much, and they will probably rise!!0
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dealer_wins wrote: »Its all about supply and demand IMO. And in the UK demand is ahead of supply, and with more people v less new builds I cant house prices falling much, and they will probably rise!!
Thanks for putting my mind at rest, I was worried for a bit.0 -
HAMISH_MCTAVISH wrote: »Average house price Jan 2011 = £161,600
Average house price July 2011 = £168,731
Some slump.....
London and the South East can't underpin the market average indefinately.0 -
Thrugelmir wrote: »London and the South East can't underpin the market average indefinately.
Only 28% of postcodes in the UK are seeing falling prices.“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”0
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