We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

MSE News: House prices moving upwards, Nationwide says

Former_MSE_Helen
Former_MSE_Helen Posts: 2,382 Forumite
edited 1 May 2013 at 11:01AM in House buying, renting & selling
"Prices rose by 0.9% year-on-year in April, taking the average house price to £165,586, says Nationwide..."
Read the full story:

House prices moving upwards, Nationwide says

OfficialStamp.gif


This thread is not in the 'discuss house prices and economy board' as that is only open to those logged into the forum so anyone coming from the news story may not be able to see it.



Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
«1

Comments

  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Would have expected more sales in April anyway (busier time generally) - would be more interested to compare the whole year with the year before it.

    Jx
    2024 wins: *must start comping again!*
  • DRP
    DRP Posts: 4,287 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    hazyjo wrote: »
    Would have expected more sales in April anyway (busier time generally) - would be more interested to compare the whole year with the year before it.

    Jx


    in my area (south central bristol) asking prices in popular areas/streets are up to ~10% higher and the same last year too.

    Frustrating! :eek:
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    edited 1 May 2013 at 12:22PM
    DRP wrote: »
    in my area (south central bristol) asking prices in popular areas/streets are up to ~10% higher and the same last year too.

    Frustrating! :eek:

    You ain't seen nothing yet. Just wait till Help to Buy for house buyers and Funding for Lending for buy to let landlords comes into force.

    You're gonna have a surge of new buyers and upsizers competing with state backed property investors for very little housing supply.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • neiluk111
    neiluk111 Posts: 22 Forumite
    What it actually said was April down 0.1% after a flat March.

    But the headlines have picked out the annual figure

    Don't believe all you read in the press!
  • harpoboy
    harpoboy Posts: 164 Forumite
    neiluk111 wrote: »
    What it actually said was April down 0.1% after a flat March.

    But the headlines have picked out the annual figure

    Don't believe all you read in the press!

    But Year on Year the figures are increasing each month.

    Certainly around my way in the South East, house prices are well above the 2008 highs. Other parts of the country dont seem to be faring so well

    The government schemes coming in in 2014 should help FTBs buy thier own places and push prices up.

    Finally the government is doing something to help hard pressed FTBs
  • geoffky
    geoffky Posts: 6,835 Forumite
    harpoboy wrote: »

    The government schemes coming in in 2014 should help FTBs buy thier own places and push prices up.

    Finally the government is doing something to help hard pressed FTBs

    What can go wrong!! History being repeated...
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • SG27
    SG27 Posts: 2,773 Forumite
    harpoboy wrote: »
    But Year on Year the figures are increasing each month.

    Certainly around my way in the South East, house prices are well above the 2008 highs. Other parts of the country dont seem to be faring so well

    The government schemes coming in in 2014 should help FTBs buy thier own places and push prices up.

    Finally the government is doing something to help hard pressed FTBs

    Are you having a laugh!? You're obviously not a first time buyer. Or if you are you are very stupid!
  • The_Thrilla
    The_Thrilla Posts: 1,021 Forumite
    geoffky wrote: »
    What can go wrong!! History being repeated...

    I know house prices have crashed before, but this time it's different.

    Best time to buy is when the price has gone up.:D
  • harpoboy wrote: »
    But Year on Year the figures are increasing each month.

    Certainly around my way in the South East, house prices are well above the 2008 highs. Other parts of the country dont seem to be faring so well

    The government schemes coming in in 2014 should help FTBs buy thier own places and push prices up.

    Finally the government is doing something to help hard pressed FTBs

    How do hard pressed FTBs benefit from prices going up?
  • hanlou007
    hanlou007 Posts: 99 Forumite
    Maybe its about time that estate agents start valuing houses correctly instead of giving higher values just to get sellers custom.....

    Seen an awful lot of houses in my area SOLD then back on the market within a few days....is this down to people trying to get more money knocked off or that they cant get a mortgage because the house is not actually worth what the estate agent/seller think????
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.