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salamander

Nationwide - House Prices Fall In 2010

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According to the Nationwide, house prices rose by 0.4 during 2010, wiping out virtually all of the rises seen in the early part of the year

Whichever measure of inflation you use, during 2010 house prices suffered a real term fall.

During 2010 the stock market rose by 9%

During 2010 the price of gold in sterling rose by 34%

Anybody "investing" in housing in January 2010 has seen the value of their investment fall in real terms, and BTL has seen very disappointing returns even after allowing for rental yields

Anyone here still disappointed by the Nationwide figures ? :D

Edited by salamander

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They have it as down a lot.

House Prices adjusted for retail prices Nationwide

House Price / Real

2009 Q4 £162,116 / £169,573

2010 Q4 £163,244 / £163,244

B House Prices adjusted for retail prices. This uses the Office for National Statistics Retail Price Index (RPI) to convert nominal prices to current prices

For example, a typical property in 2005 Q1 would, on average, have cost £152,790 at the time.

The buy this amount of 'retail goods' today would require c£182,734

http://www.nationwide.co.uk/hpi/historical.htm

Edited by northwestsmith2

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  • 312 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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