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Boom'n'Bust

Uk Property Price Divide Narrows

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My Favorite comment from this article was

"Hertfordshire had the biggest property price fall, being down by 6%. Surrey, Somerset, Northamptonshire, Warwickshire and Dorset, all saw prices go down by 5%.

Halifax chief economist Martin Ellis said: "These falls need to be viewed in the context of the substantial price rises recorded in these parts of the country during the last few years."

So does that mean that the bank will start reporting on 5 year growth rates or more shortly to mask more recent falls? Just have to wait and see!

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This is most excellent news.

It provides a once-in-every-fifteen-years-or-so opportunity for all those people living in, say, Manchester, to move down South in order to benefit from the historically better economic prospects down there.

We don't call it the "North / South divide" for nothing!

:P

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  • 301 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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