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The Masked Tulip

House Prices Expected To Keep Slipping

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http://www.birminghampost.net/birmingham-business/birmingham-business-news/other-uk-business/2010/08/19/house-prices-expected-to-keep-slipping-65233-27091632/

The average house price will lose more than £6,000 in value before the end of the year according to new research.

Jones Lang LaSelle’s residential market forcast found that annual growth has slipped to 6.6 per cent compared to 10.5 per cent in April with a decline on current values expected of 3.9 per cent by the end of the year.

Simon Dicken, associate director in Jones Lang LaSalle’s residential development and investment team in Birmingham, said: “We are definitely seeing definitive signs of a slowdown in capital growth across the UK housing market.

"The simultaneous impact of weakening buyer demand and the increased level of property available for sale continues to place a downward pressure on pricing. While we are not expecting average house prices to fall dramatically, we are predicting a degree of pricing stagnation in the short term until the economic picture brightens.

"As a result, sellers will be forced to adopt more flexible pricing strategies over coming months as the balance of power once again shifts in favour of buyers.”

House prices in region continue to fall

http://www.burtonmail.co.uk/News/House-prices-in-region-continue-to-fall.htm

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They dropped 4.1% in a single month according to Rightmove (asking prices that is)

I think 3.9% of the next 3-4 months is conservative if anything

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They expect a 3.9% drop. More like 3.91% I think. What dildo featured prats make these predictions?

you mean 3.91 percentage points...as the BBC likes to say.

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Looks like that daily commute to Swansea is on, TMT.

1 bedders in the city centre go for 70K. Not sure how much a season ticket between New Street station and Swansea is though. Will you be wanting a first class carriage?

Only a few about 10 years ago you could buy a solid 3 bed terraced in one of the valleys for less than £10k.....last up first down. ;)

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Looks like that daily commute to Swansea is on, TMT.

1 bedders in the city centre go for 70K. Not sure how much a season ticket between New Street station and Swansea is though. Will you be wanting a first class carriage?

With the difference between Brum and Swansea asking prices I could afford my own train.

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Like those other well-known celebrities "Jones the Tom", "Hopkins the Anthony" and "Matthews the Cerys".

Who The Doctor?

(oh sorry thats Cardiff).

Edited by Sir John Steed

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  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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