What were the papers saying before, during and after the last house price crash?

SAT 06 JAN 1990 - The Times

Recovery forecast for house prices in market awash with loan funds

In the long run, we will all be dead, said the currently unfashionable economist, John Maynard Keynes. The same finality cannot be applied to the housing market, a subject close to the hearts of many weary home owners. In the short term it has been ...

SAT 06 JAN 1990 - The Times

House prices in 2% year-end fall

House prices fell by 2 per cent in the last three months of 1989, the Nationwide Anglia Building Society reported yesterday in its annual review of the property market. The quarterly fall was the biggest recorded by the society, while the annual incr...

SAT 20 JAN 1990 - The Times

House prices in London drop by 10%

House prices in London dropped by an average 10 per cent last year, bringing the average price down to Pounds 86,800, the lowest since the beginning of 1988, the London Research Centre reports in its quarterly bulletin. The largest annual fall was in...

SUN 18 FEB 1990 - The Sunday Times

House prices may fall still further

ABBEY NATIONAL's decision to increase its mortgage rate shouldn't be a surprise. Given that base rates have been 15% for three months now, the surprise in a sensible market should have been at how long it had taken to react. The decision to move a f...

TUE 27 FEB 1990 - The Times

Price of houses 'to fall 10%'

House prices could fall another 10 per cent this year as a result of higher mortgage rates before they begin to recover, says the Amex Bank Review. Prices are still historically high in relation to earnings. However, house prices in different parts ...

WED 07 MAR 1990 - The Times

House prices rise but trend is down

House prices rose by 0.3 per cent last month, the first increase since last July, the Halifax Building Society reported yesterday. But, allowing for seasonal factors, the price trend is still downwards. The Halifax, in a survey, said that prices nor...

FRI 09 MAR 1990 - The Times

Switch to poll tax 'may lift house prices 15%'

The switch from rates to poll tax could add 15 per cent to house prices nationally, according to research by the Institute for Fiscal Studies and the London Business School. It will also change the relative prices of houses in different areas, resea...

WED 04 APR 1990 - The Times

10% fall forecast for house prices

HOUSE prices will fall by between eight and 10 per cent this year, according to two surveys published yesterday. In London, however, the prospect was more optimistic as prices only fell by 2.6 per cent in the first quarter. The most depressing foreca...

WED 11 APR 1990 - The Times

House prices are still falling, Halifax says

HOUSE prices are either static or still falling slightly, the Halifax Building Society reported yesterday. The annual rate of house price inflation, which was more than 34 per cent a year ago, fell to zero by the end of last month, with prices unchan...

SAT 21 APR 1990 - The Times

Auction houses counsel caution on art prices

AFTER disappointing sales in London this month, Sotheby's said yesterday that it was asking sellers to be "realistic" in setting reserve prices for Impressionist and modern works to be sold at auctions in New York next month. Both Sotheby's and Chr...

FRI 04 MAY 1990 - The Times

The end of house price inflation

HOUSE price inflation has finally ended nationally, nearly two years after the market peaked, with the latest figures from the Halifax Building Society yesterday showing that the annual rate at the end of April was minus 0.2 per cent. It is the firs...

SAT 05 MAY 1990 - The Times

Bargain house prices found under the hammer

TO BUY a house at auction can now cost 20 per cent less than finding a similar property through an estate agent. Auctioneers are also offering loans on the spot. Any bargains are the result of auctioneers insisting that sellers fix realistically low...

WED 06 JUN 1990 - The Times

Halifax predicts prices will keep falling;Houses

THE fall in house prices is accelerating nationally and is expected to continue for the rest of this year, Britain's biggest building society reported yesterday. But a firm recovery is forecast for next year. The Halifax monthly survey showed that p...

TUE 19 JUN 1990 - The Times

House prices

House prices are either static or falling in almost all of England and Wales, the Royal Institution of Chartered Surveyors reports in its price survey to the end of May. The report, confirming the continuing slump in the market, says that 45 per cent...

TUE 26 JUN 1990 - The Times

Allen benefits from rise in house prices;Pre-tax profits

ALLEN, the building contractor and housebuilder, increased pre-tax profits from Pounds 3.97 million to Pounds 4.85 million in the 12 months to April 1, its first full year on the USM. While housebuilders further south are feeling the pinch, Allen, ba...

ED 27 JUN 1990 - The Times

Prestige houses that still exceed list price;Residential Property

The top end of the market has been a ray of hope for estate agents The Ham, a fine house near Wantage in Oxfordshire, was given a guide price of Pounds 1.5 million when it came on to the market, through Strutt & Parker. The house sold earlier this m...

SUN 08 JUL 1990 - The Sunday Times

House prices

HOUSE PRICES over the 12 months to the end of June suffered their biggest fall since records began in 1952, the Nationwide Anglia building society reported last week. Prices fell on average by 5.3%, which in real (after-inflation) terms is a drop of...

THU 12 JUL 1990 - The Times

No cheer in rising house prices

There is a feeling, nothing "stronger, that the bottom of "the current house price "cycle may have passed in the "Southeast and be fast approach"ing in the rest of the country. The "beginnings and ends of cycles "come and go, as unobserved as "ships...

THU 12 JUL 1990 - The Times

House prices recover

SIGNS of a recovery in the housing market for the first time since the boom ended in the summer of 1988, are charted by the Halifax Building Society in its latest house-price survey published yesterday. For the third consecutive month house-price inf...

THU 12 JUL 1990 - The Times

Society says return of first-time buyers lifting house prices

THE return of first-time buyers, enticed partly by a wide variety of mortgage discounts and other inducements, helped house prices to rise in June, but only by a modest 0.3 per cent, the Halifax Building Society says in a house price survey published...

TUE 24 JUL 1990 - The Times

Housing prices static or falling

THE housing market is taking a long time to recover despite some signs of life, the Royal Institution of Chartered Surveyors indicates in its survey for the quarter to the end of June. Estate agents are continuing to report static or falling prices a...

WED 08 AUG 1990 - The Times

House prices continue to slide

House prices in the UK continued their slide in July, falling by 0.1 per cent on the previous month, and they are now 1.7 per cent lower than a year ago, according to a survey by the Halifax Building Society published yesterday. HOME NEWS

WED 10 OCT 1990 - The Times

Small rise for house prices

House prices in Britain rose slightly during September, their first increase for three months, confirming that the slump in the south of England has levelled out, according to the Halifax Building Society. Its survey, prepared before last week's drop...

SUN 14 OCT 1990 - The Sunday Times

House prices bottom out

THE long slide in house prices could be nearing its end. The Halifax's latest quarterly survey of the property market shows that prices in general rose by 0.5% in September, and the indications are of a definite bottoming-out. Last week's cut in the...

SUN 11 NOV 1990 - The Sunday Times

Indicator of the Week;Halifax House Price Index

HOUSE PRICES remained depressed last month, even though the leading lenders announced mortgage-rate cuts of nearly one percentage point. Average house prices fell 0.8%, more than reversing a tentative rise of 0.5% shown in the September figures. Af...

SUN 18 NOV 1990 - The Sunday Times

House prices set to take off in spring

THE worst slump in Britain's housing market for more than a decade will end next spring, an authoritative report will forecast this week. Prices will rise by an average of 20% within two years, Lower interest rates and higher wages will combine to s...

SUN 18 NOV 1990 - The Sunday Times

City 'slickers' raise house prices

INVERNESS and Aberdeen have proved the two bright spots in an otherwise sluggish Scottish property market. Increased North Sea oil-related activity has meant a steady flow of workers into the Granite City, and the desirability of living in Inverness-...

MON 26 NOV 1990 - The Times

Increase in house prices predicted

HOUSE prices in Britain will rise by 7 per cent next year and by more than 11 per cent in 1992, followed by slower growth in 1993, statistics from the merchant and investment banking group Charterhouse suggest. That is the conclusion from forecasts t...

THU 06 DEC 1990 - The Times

House price inflation up

THE annual rate of house price inflation rose in November. The 0.2 per cent year-on-year increase in prices was the first recorded since February by the Halifax Building Society. In October, prices had fallen 0.4 per cent compared with a year earli...

SAT 29 DEC 1990 - The Times

Two-point cut in bank rate 'could revive house prices'

A CUT in interest rates by 2 points in the next few months could signal a recovery in the housing market and an increase in house prices of 5 per cent by the end of 1991, the Halifax Building Society predicts today in its annual review of the housing...