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House Price Crash Forum

New Ft Index Shows Dramatic

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Guest consa
The average British home cost £192,400 in June, almost exactly as much as in January. The flat market has pushed the annual inflation rate from a recent peak of 15 per cent last summer to 6.2 per cent last month.

Aren't LR figures about 3 months late?

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Doesn't it say

"In June, the index showed that prices were on average 0.3 per cent higher than in May, marking a stabilisation after three month-on-month falls. This chimes with the opinion of most property experts who predict relatively stable prices this year."

So that'll be a soft landing scenario still then - 12 months so far and counting.

Coupled with imminent IR cuts and even people on here, seeing people continuing to buy, it doesn't look like a crash does it !!!!!!!!!!!!

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