Friday, Aug 28, 2009
Rises but for how long?
HIP-Consultant.co.uk: Nationwide - house prices rise again
Good to see stability being valued and not the boom and bust we have witnessed.
"The next few months coming up towards Christmas will certainly be interesting. Will we see the usual increase in sellers and housing stock coming to the market after the school holidays? and if so will this recent stability in prices be sustainable?"
Will be for sure !!!
Posted by kaz @ 10:53 AM (601 views) Add Comment
5 Comments
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1. will said...
Last para, Nationwide say that with interest rates likely to rise in the future, it will be unlikely to sustain recent price rises. The more properties coming to the market will actually force prices lower - supply and demand.
2. Jayk said...
Did you see that article about the Australian scientist who said that his country needed six seasons to adequately describe their weather patterns? Clearly we need to make a change to the way we decsribe our seasons and how long they last as well; I mean, given that according to most of you we're still in Spring and it's September in three days time.....
3. Smiling said...
game over
4. Charlie White said...
Do we really need or want another crazy bubble? Haven't we learned anything?? Shouldn't the economy become based on things other than insanely-overpriced housing? Where is all this leading to again? Another boom & bust cycle? Another crash, only perhaps even worse than the recent one?
5. new user 2007 said...
Smiling:
Just as long as you accepted the opposite when the indices were falling for a much larger number of consecutive months than they have been rising.