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Debate House Prices


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House prices will not recover to their 2007 peak until 2024

123457»

Comments

  • joe_blotts
    joe_blotts Posts: 151 Forumite
    robmatic wrote: »
    We did have a year of deflation between 2008/2009.

    uk-cpi-inflation-index-may2012.gif
  • jojo1964
    jojo1964 Posts: 902 Forumite
    AVERAGE house prices in Oxfordshire have hit their highest level since the economic downturn.
    Figures from the Land Registry showed the average price for properties sold in May was £241,290, less than £4,000 below the same month in 2008.
    Property experts said a shortage of homes for sale in sought-after areas of Oxford had pushed up prices, but that buyers faced a much harder task in getting mortgages since the crash.

    http://www.oxfordmail.co.uk/news/yourtown/oxfordshire/9818350.Property_Prices__Housing_shortage_pushes_costs_up/
    Thankyou Sir Alex for 26 years
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    joe_blotts wrote: »
    uk-cpi-inflation-index-may2012.gif

    Thanks, seems to verify robmatic's figures
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • crash123
    crash123 Posts: 399 Forumite
    IveSeenTheLight wrote: »
    I don;t think any area is totally "immune".
    I've not heard the Yorkshire golden triangle and whether it is immune or not.
    Having worked and known people who lived in Leeds, I find it hard to preseume that the "golden triangle" would be considered as immune.
    Indeed, I recall many discussions about Leeds falls back in 2008 (IIRC)
    The golden triangle is mainly Harrogate, Ilkley area.
    Harrogate was number 4 on the list of best areas to live.
  • Morgage_Confused
    Morgage_Confused Posts: 397 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    Im in Surrey.....big housing shortage here and absolutely no council stock. House prices in about 2008 leveled off but before that and since they have risen....a tad slower last couple of years though.
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