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Boom'n'Bust

Data Show Stable Uk Housing Market

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Hi,

For me, it is playing like the last crash., 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

Edited by boom_and_bust

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Hi,

For me, it is playing like the last crash., 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

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

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

This is uncanny as I have said before. Today people are clinging to possible 0.2% upwards blips in prices MOM - in 1989 Feb and May had big green upticks by comparison - but they were amidst an eventual sea of green downward monthly figures for the next few years...

Necks in.

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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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