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Realistbear

Nationwide Say Hpi Up Up And Away At +1.4% In January

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http://uk.biz.yahoo.com/060131/323/g2ki1.html

LONDON (AFX) - UK house prices rose at their fastest rate in 18 months during January, the country's largest building society said today.
In its monthly survey of the sector, the Nationwide said house prices, on a seasonally adjusted basis, rose by 1.4 pct in January from the previous month, up from December's 0.5 pct rise.
That was the biggest increase since July 2004 and well ahead of analysts' expectations of a more modest 0.5 pct rise.
'This is a significant increase in price and confirms the strengthening trend we have seen since October,' said Fionnuala Earley, Nationwide's group economist. The average house price now stands at 158,478 stg, compared with 151,757 stg at this time last year.

If this VI is right the huge increase must reflect the healthy employment situation, the growth in the GDP and the excellent balance of payments Gordon has engineered :lol::lol::lol:

Just think, the increase of more than 5,000 pounds over this time last year has just about wiped out the FTB's savings for the year so no house purchase in 2006!

Edited by Realistbear

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http://uk.biz.yahoo.com/060131/323/g2ki1.html

LONDON (AFX) - UK house prices rose at their fastest rate in 18 months during January, the country's largest building society said today.
In its monthly survey of the sector, the Nationwide said house prices, on a seasonally adjusted basis, rose by 1.4 pct in January from the previous month, up from December's 0.5 pct rise.
That was the biggest increase since July 2004 and well ahead of analysts' expectations of a more modest 0.5 pct rise.
'This is a significant increase in price and confirms the strengthening trend we have seen since October,' said Fionnuala Earley, Nationwide's group economist. The average house price now stands at 158,478 stg, compared with 151,757 stg at this time last year.

If this VI is right the huge increase must reflect the healthy employment situation, the growth in the GDP and the excellent balance of payments Gordon has engineered :lol::lol::lol:

Just think, the increase of more than 5,000 pounds over this time last year has just about wiped out the FTB's savings for the year so no house purchase in 2006!

It's like some well calculated bungee jump:

_41275454_house_prices_latest.gif

Nearly hit the ground then a magic turn round.

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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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