What were the papers saying before, during and after the last house price crash?
WED 03 JAN 1996 - The Times
House prices remain lower than a year ago
HOUSE prices are still much lower than they were a year ago in spite of five consecutive monthly increases, according to Britain's largest mortgage lender. The Halifax, which has more than two million borrowers, will announce today that, on an annual...
WED 24 JAN 1996 - The Times
The Nobel laureate, his wife and how expectation moves house prices
Sir, Pennington is quite right to say that house prices are harder to forecast than virtually any other economic statistic because "As in sub-atomic physics, the market is weirdly affected by the presence of the observer" (December 2 . He is suppo...
SUN 28 JAN 1996 - The Sunday Times
Lenders predict patchy rise in house prices
FIGURES from the Building Societies Association (BSA) suggest that any recovery in the housing market will be punctuated by occasional setbacks. Individual societies such as Halifax and Nationwide are forecasting house-price increases of 2% in 1996 a...
FRI 02 FEB 1996 - The Times
House prices rise again
HOUSE prices have risen for the sixth month in succession, according to the monthly Halifax house price index. The small monthly rise of 0.1 per cent in January means that house prices have risen by 1.3 per cent over the past six months, but are stil...
SUN 10 MAR 1996 - The Sunday Times
Housing market starts on the road to recovery;Prices likely to rise 2%-4% this year
Falling unemployment, cheaper mortgages and economic recovery are the foundations for a revival, writes Nick Gardner THE LONG nightmare could at last be over. The housing recession, which has seen almost 400,000 homes repossessed and a further 1.7m ...
SUN 10 MAR 1996 - The Sunday Times
Housing market starts on the road to recovery;A gentle pick-up, not a boom;
David Smith, Economics Editor, looks at the factors that will limit price rises to 2%-4% THE housing market is recovering, but you wouldn't always think so. Last week, for example, brought the gloomy news that housing starts the number of new proper...
SUN 10 MAR 1996 - The Sunday Times
Blair's housing ideas rejected
TONY BLAIR wrote out his prescription for a healthy housing market last week, calling on lenders to be more sympathetic to customers caught in the negative-equity trap, writes Nick Gardner.Blair wants banks and building societies to be more flexible,...
SUN 10 MAR 1996 - The Sunday Times
Time to shop around for fee-free mortgage
As house prices seem to be hardening at last, lenders will have less need to entice borrowers, writes Naomi Caine NOW is the time to scour the market for a better home-loan deal. If you have not yet found yourself a discounted, fixed-rate or "fee-f...
SUN 10 MAR 1996 - The Sunday Times
Women trapped by negative equity
SIX years ago two young women each bought a one-bedroom flat in a block in east London. Little did they know they were walking into a hurricane, soon to reel from the blasts of one of the worst property crashes this century, writes Paul Ham. Vicki P...
TUE 02 APR 1996 - The Times
House prices rise
BRITAIN'S biggest mortgage lender will today report a March increase of 1.2 per cent in the Halifax house price index. On an annually adjusted basis, the rate of house price inflation in the UK remains positive, at 1.7 per cent, compared with just 0...
SAT 06 APR 1996 - The Times
Rising prices and falling costs boost housing market
DEVELOPERS and estate agents believe this weekend could be their busiest since the recession in the housing market began seven years ago. With more buyers in evidence, some analysts' predictions for price rises over the whole year have been exceeded...
FRI 12 APR 1996 - The Times
Debt trap eased by housing price rise
A STEADY rise in housing prices has helped to lift nearly 300,000 people out of negative equity in the first three months of this year, and there are signs that the housing market is continuing to improve, according to two reports released today. Rob...
WED 24 APR 1996 - The Times
House prices in Scotland hit by sharp fall in 1995
HOMEOWNERS in Scotland saw the average value of their home fall by Pounds 2,500 in 1995, according to the new Scottish Housing Index, published yesterday. A joint survey by the Royal Bank of Scotland (RBS) and Scottish Homes, the national housing age...
TUE 30 APR 1996 - The Times
Putting a spin on house prices
From Dr Anthony Williams Sir, If low inflation and price stability are deemed to be a good thing, why is house price inflation called "recovery in house prices" also a good thing, and house price stability called "stagnation in the market" a bad ...
THU 02 MAY 1996 - The Times
House prices rise in 'fragile' market
THE recovery in house prices is continuing, according to two influential surveys published yesterday. The Nationwide Building Society reported prices at an 18-month high in April, up by 1.2 per cent over the month, while the Halifax Building Society...
SUN 05 MAY 1996 - The Sunday Times
House prices continue to rise
RISING confidence in the housing market in April helped to lift property prices for the ninth consecutive month, pushing them back to the level of two years ago. But cheaper mortgages mean homes are more affordable. According to the Halifax's monthl...
THU 09 MAY 1996 - The Times
UBS lifts house price forecast
HOUSING analysts at UBS yesterday raised their house price forecast for 1996 from 2 to 5 per cent. Its revised forecast follows sharp rises in the Halifax price index over the past three months and nine successive monthly increases. Other commentato...
SUN 30 JUN 1996 - The Sunday Times
A "mini boom" in house prices
A "mini boom" in house prices is in prospect, according to a forecast to be published by Deutsche Morgan Grenfell tomorrow. It predicts a 6% rise this year and 8% in 1997 when, it says, London and the south will record double-figure increases. Ne...
TUE 02 JUL 1996 - The Times
House prices show signs of levelling
THE Halifax house-price index showed its first monthly fall for 10 months in June, slipping 0.3 per cent. However, the recovery is continuing, with sales and lending continuing to grow strongly. Prices are at their highest level since 1991. The Hal...
SAT 06 JUL 1996 - The Times
Artificially low house prices are luring buyers into a frenzy of competitive bidding
Adramatic change in strategy by estate agents could help keep a buoyant property market on the move. Agents in "hot spots" for selling are pitching prices low to attract more potential buyers. This in turn is leading to competitive bidding and ho...