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Inside Housing: Borrowed Time?

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Jules Birch looks at the prospects for house prices in 2011...

'Borrowed time?'


What are the chances of the dip in house prices in 2010 turning into a bigger fall in 2011?

According to the Halifax house price index today, prices fell 1.6% over the year. However, that compares the final quarter with the last three months of 2009. Comparing December 2010 with December 2009, the fall was actually 3.5%.


In mid 2007 a typical borrower was spending 48% of their disposable earnings on their mortgage. They are currently spending just 29%. Homeowners have effectively been enjoying a huge - and artificial - boost in their incomes. Sooner or later that has to come to an end.

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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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