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SeenItAllBefore

Predictions For 2006?

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Here are mine:

1. There will be even less activity in the housing market than 2005 – doesn’t matter about mortgage approvals increasing if there are no FTBs at the bottom of the “ladder” to complete chains.

2. Asking prices will take another noticeable dive but the Halifax and Nationwide will still report modest rises overall.

3. Unemployment will carry on rising.

4. Indirect taxation will go up as well.

5. Lending practices will become more conservative.

6. Consumer spending growth will weaken further.

7. More high street names will go under.

8. The CPI will fall.

9. Interest rates won’t move much if at all.

10. Economic growth will again come in under most forecasts.

11. There will be little talk of an impending recession.

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This spring bounce we hear about? Is this real? Are there ever "bounces" in the spring? Do houses sell better in the spring? I was wondering if anyone could provide figures or just say so if it is true.

Edited by sllabres

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This spring bounce we hear about? Is this real? Are there ever "bounces" in the spring? Do houses sell better in the spring? I was wondering if anyone could provide figures or just say so if it is true.

If you look in the graphs section of the site you can see the cyclic nature - volumes increase in the spring and summer.

The seasonal adjustment that nationwide makes allows for a small price rise in the spring (and a small fall later in the year)

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This spring bounce we hear about? Is this real? Are there ever "bounces" in the spring?

'Spring bounce' is an anagram of 'Spin con begun'.

Not quite, extra 'n' and no 'r'. Pity.

How about 'Spin once, grub!' with appropriate gesture as a response to any RE agent trying the 'spring bounce' line?

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Here are mine:

1. There will be even less activity in the housing market than 2005 – doesn’t matter about mortgage approvals increasing if there are no FTBs at the bottom of the “ladder” to complete chains.

2. Asking prices will take another noticeable dive but the Halifax and Nationwide will still report modest rises overall.

3. Unemployment will carry on rising.

4. Indirect taxation will go up as well.

5. Lending practices will become more conservative.

6. Consumer spending growth will weaken further.

7. More high street names will go under.

8. The CPI will fall.

9. Interest rates won’t move much if at all.

10. Economic growth will again come in under most forecasts.

11. There will be little talk of an impending recession.

I agree with all that. Bit like 'groundhog day'.

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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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