Friday, Aug 24, 2007
Rise, Drop, I always get those confused.
999Today: UK property prices to rise 40% by 2012
The average house price in the UK will rise by 40 per cent over the next five years to reach £302,400, a report finds.
The National Housing Federation (NHF) report also shows that the average property price in London will increase to almost £500,000 by 2012.
Posted by mr crabs @ 02:48 AM (269 views) Add Comment
4 Comments
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1. Bobsto said...
If the average house already costs 11 x average earnings and lax credit is no longer available, how exactly are prices going to rise 40%?
2. M2 said...
Let us come back to this staggering work of genius in 2012..
3. also sold to rent said...
I work for the National No-Vested-Interest-There-Then Foundation and average house prices will rise to at least 5.2 million pounds by 2015. Buy now or you may as well give up and join the underclass.
4. Symo said...
I thought it was Bucks Fizz who sang about the land of make believe? I like the fact he quotes demand outstripping supply, whereas most BTL's in the city will tell you the opposite is true.