classixuk Posted October 27, 2005 Share Posted October 27, 2005 http://www.in2perspective.com/nr/390510/27...ed-to-fall-.jsp "Cebr believe that a change in interest rate expectations has strengthened the United Kingdom housing market. As a result, they have raised their predictions for house prices so that the typical home should avoid any decline in value over the next few years. Property values should average £179,900 by 2009 rather than the £158,800 forecast by Cebr last June." Hmmnnn... Quote Link to comment Share on other sites More sharing options...
dog Posted October 27, 2005 Share Posted October 27, 2005 (edited) http://www.in2perspective.com/nr/390510/27...ed-to-fall-.jsp "Cebr believe that a change in interest rate expectations has strengthened the United Kingdom housing market. As a result, they have raised their predictions for house prices so that the typical home should avoid any decline in value over the next few years. Property values should average £179,900 by 2009 rather than the £158,800 forecast by Cebr last June." Hmmnnn... This is what Cebr said about emloyment for next year. http://www.management-issues.com/display_p...esearch&id=2619 CEBR house price prediction in 2003 http://www.maximproperty.co.uk/News_housepricesdouble.php Edited October 27, 2005 by dog Quote Link to comment Share on other sites More sharing options...
Guest The_Oldie Posted October 27, 2005 Share Posted October 27, 2005 Oh my God! I'd better rush out and buy a house before I miss the boat...... . Quote Link to comment Share on other sites More sharing options...
Jason Posted October 27, 2005 Share Posted October 27, 2005 I think they are making their predictions too early. Won't they look stupid if the Land Reg are negative next month. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 27, 2005 Share Posted October 27, 2005 (edited) In general, VIs engage in issuing 'fire and forget' forward looking statements. They know that nobody is sad enough to bookmark that page and see if they were correct, once the actual outcome becomes known. Edited October 27, 2005 by megaflop Quote Link to comment Share on other sites More sharing options...
boom_and_bust Posted October 27, 2005 Share Posted October 27, 2005 http://www.in2perspective.com/nr/390510/27...ed-to-fall-.jsp "Cebr believe that a change in interest rate expectations has strengthened the United Kingdom housing market. As a result, they have raised their predictions for house prices so that the typical home should avoid any decline in value over the next few years. Property values should average £179,900 by 2009 rather than the £158,800 forecast by Cebr last June." Hmmnnn... Hi, For me, it is playing like the last big correction., Just a reminder of similar media reporting back in the last correction for those of us who have not witnessed the UK property market in action before. 1989 and 1990, when prices were retrospectively shown to be in freefall but were reported thus ; http://www.housepricecrash.co.uk/FAQ-1988-...papers-said.php The Times MON 01 AUG 1988 House price boom `to end next year' The house price boom will end next year after peaking on increases of 25 to 30 per cent this year, but prices are unlikely to fall in real terms. The strongest influence in dampening prices will be the gradual slowing of real personal disposable inc... The Sunday Times SUN 06 NOV 1988 House prices will languish until incomes catch up THE house-price boom is over and that's official. Statistics published by the Halifax building society last week reveal that price rises throughout the southern half of England have come to a halt. Indeed, with an average zero increase during Octobe... The Times TUE 03 JAN 1989 Agents optimistic about house prices A leading national firm of estate agents believes a collapse in the property market in 1989 is highly unlikely. Strutt and Parker has completed a review of 1988 trends, dominated by panic buying in the summer, then a London-led slowdown in the last q... The Times MON 06 MAR 1989 House prices recover House prices, suffering from the effects of interest rate increases, showed a slight recovery in February, rising by 1.6 per cent, compared with a fall of 0.8 per cent in January, Halifax Building Society reports today. The index shows that over the... The Times WED 22 MAR 1989 Marking time;House prices in Britain House prices in Britain are likely to stagnate this year, the Halifax Building Society said yesterday. It expects high demand in the Midlands and North but a slowing down in the South. The Times MON 10 APR 1989 10% house price rise forecast House prices in Britain could rise by up to 10 per cent this year, although the South of England will see only a modest if any increase, it is predicted in a report published today by the House Builders' Federation. Even in the South, however, house ... The Times WED 07 JUN 1989 Bigger rise;House prices UK House prices rose by 1.7per cent last month compared with 1.2per cent in April, in spite of stagnant or falling prices in the Midlands and South, the Halifax Building Society said yesterday. HOME NEWS Quote Link to comment Share on other sites More sharing options...
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