MSE News: House prices moving upwards, Nationwide says

2.4K Posts
"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

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.
House prices moving upwards, Nationwide says

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.
0
This discussion has been closed.
Latest MSE News and Guides
Has your old furniture become desirable again?
Share your photos in this thread
Join the MSE Forum discussion
Replies
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:
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.
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
What can go wrong!! History being repeated...
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.
Are you having a laugh!? You're obviously not a first time buyer. Or if you are you are very stupid!
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
How do hard pressed FTBs benefit from prices going up?
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????