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othello

The Bulls Were Wrong Too - But It's All Kept Quiet!

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Both the Nationwide and Halifax predictions for 2005 were wrong - by a large margin. They predicted rises of 5-7% I believe and the reality is between -5% and + 2% depending on which survey you believe. A further 5% fall next year takes average prices down 10% or closer to 15% from their peak in real terms, so Roger Bootle is perhaps not to too far out!

Edited by othello

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Both the Nationwide and Halifax predicvtions for 2005 were wrong - by a large margin. They predicted rises of 5-7% I believe and the reality is between -5% and + 2% depending on which survey you believe. Another 5% fall next year takes us down 10% or closer to 15% in real terms, so Roger is perhaps to too far out anyway!

Not sure where you got this information from

Here is the HBOS report from 12 months ago

And here is the Nationwide from last December

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  • 302 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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