What were the papers saying before, during and after the last house price crash?
SUN 01 JAN 1995 - The Sunday Times
House prices poised for modest recovery;Personal Finance
BUILDING SOCIETIES and estate agents are predicting a slow recovery in the housing market this year, with the most optimistic pundits forecasting price rises of 5%. But many also fear that the forthcoming cut in mortgage-interest relief in April, tog...
WED 11 JAN 1995 - The Times
House price optimism
A FUNDAMENTAL change in the public perception of property ownership is revealed in the latest Abbey National Housing Survey. More than two-thirds of those surveyed said that they now believed that a house was primarily a home rather than an investmen...
THU 02 FEB 1995 - The Times
House prices
House prices in the United Kingdom fell by 0.8 per cent in January, according to the latest monthly index published yesterday by the Nationwide. The Halifax index, due out tomorrow, is expected to paint a similar picture of a flat housing market. Na...
SUN 12 FEB 1995 - The Sunday Times
House prices set for a `five-year freeze'
HOUSE PRICES are set for a five-year freeze, according to a new City forecast to be published tomorrow. The report, from the investment bank Kleinwort Benson, predicts that prices in real terms will be no higher in 1999 than they were last year. Rea...
THU 02 MAR 1995 - The Times
Manufacturing picks up but house prices stagnate
GROWTH in manufacturing industry appears to have accelerated again, after slowing over the past six months, and price pressures, though slightly easier in February, still give cause for concern, according to the latest report from the Chartered Insti...
WED 05 APR 1995 - The Times
House prices fall 1.5% as Halifax piles on gloom
HALIFAX, Britain's largest mortgage lender, will today add further to the misery of 10 million people with home loans when it announces that house prices fell 1.5 per cent in the 12 months to March. As well as house price gloom, the new tax year star...
WED 03 MAY 1995 - The Times
Halifax reports further decline in house prices
HOMEOWNERS today receive more depressing news, with the Halifax Building Society reporting that house prices fell slightly in April for the second month in a row. This, together with figures showing weak bank mortgage lending, confirms that there is...
WED 17 MAY 1995 - The Times
Brewers cleared over prices for tied houses
BRITAIN'S big brewers have been cleared of charges that they squeezed their own landlords to fund a battle to supply independent publicans. Although tenants of brewery-owned pubs are obliged to pay up to 19 per cent more for a pint of lager, the Offi...
WED 24 MAY 1995 - The Times
House prices: Hamlet minus the Prince
Not another article on house prices? I'm sorry, but yes, up to a point at least: the point being the one which all the gloomy forecasts of recent days (all of them right, no doubt) seem to have missed. This is that the current housing slump should ...
WED 24 MAY 1995 - The Times
Relief for young in falling house prices
From Mrs Stella Lilley Sir, At last someone has dared to print what so many people must have realised, that the tremendous boom in house prices a few years ago was an anachronism and what is happening now, in falling prices, is simply restoring some ...
SUN 28 MAY 1995 - The Sunday Times
Boom time for north as house prices rocket
KENNY and Marina McCall are riding high. In the past seven years, while many homeowners have been blighted by negative equity, the McCalls of Dumfries have made more than Pounds 80,000 from rising house prices. They are not alone. A study by the Ha...
FRI 02 JUN 1995 - The Times
Major attacks `crazy house price spiral'
Row over blame for feel-good failure. THE Prime Minister sparked an outcry yesterday when he blamed the "crazy, almost unstoppable" house price spiral of the 1980s for the absence of a "feel-good" factor now. Opposition MPs, charities and mortga...
SAT 03 JUN 1995 - The Times
Laying blame for house price spiral
From Mr Walter Harris Sir, Mr Major may have been unwise to draw attention to the "crazy housing boom" of the 1980s in which his Government played a part (report, June 2) but he appears to have missed the opportunity of mentioning a factor which co...
SAT 03 JUN 1995
Laying blame for house price spiral - The Times
From Mr J. B. MacGill Sir, In March 1988 the then Chancellor of the Exchequer, Nigel Lawson, announced that as from August 1 only one income per house would be entitled to tax relief on mortgage interest. Between those dates every unmarried couple w...
SAT 03 JUN 1995 - The Times
Fall in house prices is accelerating says Halifax
FURTHER evidence of the ailing state of the housing market was revealed yesterday amid speculation that the Government is proposing measures to help homebuyers in negative equity. The Halifax Building Society house price index for May showed a third ...
MON 05 JUN 1995 - The Times
House prices
Morgan Grenfell, the City merchant bank, predicts that house prices will begin to rise again next year and begin to outstrip inflation from 1997. The bank says housing is now undervalued and more affordable in relation to earnings than it has been in...
SUN 02 JUL 1995 - The Sunday Times
House price gloom
NEW figures from the Halifax and Nationwide building societies this week will show that house prices continued to stagnate in June, compounding homeowners' woes, The Observer writes. BUSINESS
SUN 02 JUL 1995 - The Sunday Times
New price slump dashes hopes of housing revival
A STEEP fall in house prices was recorded last month, bringing them to a lower level than a year ago and dashing hopes of a property market recovery. Gloom over the economy and job insecurity contributed to an average 1% fall in June, according to th...
TUE 04 JUL 1995 - The Times
House price slump fuels lenders' fears
FEARS are growing that the housing market could buck the general upward economic trend and slump further into recession unless the Government intervenes. Concern among mortgage lenders was underlined yesterday when the Nationwide building society pub...
TUE 04 JUL 1995 - The Times
New plea for help as house prices stay on the slide
BRITAIN'S two biggest building societies renewed their calls for help for the housing market yesterday as they published surveys showing that house prices are falling further and faster. The Nationwide reported that prices dropped for the third succe...
WED 12 JUL 1995 - The Times
Bad publicity hits house prices
From Sir Nicholas Couper Sir, I am unimpressed by the constant lobbying of the building societies about the gloomy state of the housing market, (House price slump fuels lenders' fees fears, July 4). Marsh from the Halifax: It is up to the Governmen...
SUN 30 JUL 1995 - The Sunday Times
Revealed: how lenders force down house prices
BUILDING societies are jeopardising a recovery in the housing market by undervaluing properties, resulting in the collapse of tens of thousands of sales. The societies, which have pressed the government for special tax help for housing, are themselv...
WED 02 AUG 1995 - The Times
More gloom for housing as prices keep falling
HOUSE prices fell again in July for the fifth consecutive month and are now 3.1 per cent lower than a year ago, according to the latest Halifax index published today. On the evidence to date, it appears unlikely that prices will recover at all this y...
SUN 20 AUG 1995 - The Sunday Times
Lower prices win quick house sales
HOMEOWNERS caught in the negative-equity trap will take small comfort from a report by national estate-agency network Black Horse Agencies. Inflated prices are out; realistic figures are in. If you want to sell your home quickly, you have to put it...
SAT 02 SEP 1995 - The Times
Cheaper loans as house prices fall Lenders cut rates to lift homes market
ONE of Britain's biggest mortgage lenders took the initiative to kick-start the housing market yesterday with a surprise cut in its home loan rate. The Abbey National, which reduced its standard mortgage rate from 8.34 to 7.99 per cent for loans of u...
SAT 16 SEP 1995 - The Times
House prices
From Mr Philip Price Sir, In your article "Many house-sellers asking too much" (Weekend Money, August 19), you state that house prices in Greater London have fallen by 25.4 per cent since 1988. I have yet to read an article that fully drives home t...
WED 11 OCT 1995 - The Times
House prices falling
THE latest survey of house prices published today will paint a gloomy picture of the housing market. Prices across all regions are now 2.6 per cent lower than they were in the third quarter of last year, according to the Halifax. The latest quarterl...
TUE 17 OCT 1995 - The Times
House prices stable
MORE than half of the chartered surveyor estate agents taking part in the quarterly survey by the Royal Institution of Chartered Surveyors, published today, reported stable house prices over the past three months. Some 6 per cent reported rises, whi...
SUN 22 OCT 1995 - The Sunday Times
Assembly could govern house prices
A Scots parliament would hugely affect the property market says Vivienne Nicoll EXPERTS who specialise in buying and selling Scotland's prestige properties believe prices will go through the roof if a Scottish parliament is established in Edinburgh. ...
THU 02 NOV 1995 - The Times
House prices down 3.9%
THE Government must stimulate the housing market by granting special concessions in the Budget later this month if the sector is to recover from the doldrums, say Britain's two largest mortgage lenders. Philip Williamson, a divisional director of the...
MON 27 NOV 1995 - The Times
Negative equity 'overstated'
FALLING house prices are good for the economy and the problem of negative equity has been overstated, according to a right-wing think-tank. Lower prices and a stable housing market are part and parcel of a low-inflation economy, says a paper publishe...
WED 20 DEC 1995 - The Times
Putting a price on houses in 1996
Experts were wide of the mark with their predictions on house prices for 1995. For next year they are more realistic. PROPERTY IN GENERAL Gary Marsh, head of corporate affairs at the Halifax: "We had predicted a gradual increase of 3 to 5 per cent i...
WED 27 DEC 1995 - The Times
Halifax forecasts 2% recovery in house prices next year
THE housing market will receive a much-needed boost today from a forecast by Britain's largest mortgage lender of a 2 per cent recovery in house prices during 1996. The Halifax Building Society, in its annual housing market paper, predicts that next ...
THU 28 DEC 1995 - The Times
Lies, statistics and house prices
WHEN surveying the blizzard of surveys, prognostications and plain guesses on the state of the 1996 housing market now on display, it is worth keeping two facts firmly in mind. The first is that they just don't know. House prices are harder to forec...
SUN 31 DEC 1995 - The Sunday Times
House prices set to rise, say lenders
Building societies expect a modest recovery in the market, although still behind inflation. Report by Nick Gardner and Paul Ham HOUSE PRICES will rise by between 2% and 3% next year and by at least 5% in 1997, after a surprise fall in 1995, accordin...