MSE News: UK house prices reach all-time high, Nationwide says

Graham_Devon

luvpump wrote: »

Even the three monthly average has stalled, flat-lined and the last month is down 0.6% along with three months out of the last four. To me this looks like the start of a trend, a change in sentiment and that the bubble is unsustainable.Couple to this the news that BTL barons are selling up as are huge property holdings companies in London, and the FTSE falling and you have signs of collapse.
Most telling is the fact that a 1.5% RISE was predicted but we got a 0.6% FALL instead = a whole 2.1% lower than predicted. People whole have sold recently have timed things very well but those who were greedy and just wanted to extract the last few quid will get their fingers badly burnt now.

Hmmm, can't see it myself.

Not yet, anyway.