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House Price Crash Forum

Halifax Jun '20 House Price Index


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52 minutes ago, RomfordDon said:

That was a big bunch of nothing. I guess low transactions make the crash difficult to see.

There is not currently a crash. 

Its a low transaction count stand off. You might find someone who just doesn't care and accepts a low offer but thats blind luck as always. 

As others have said a crash (or not) and its magnitude depends on how employment plays out over the next year.

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6 minutes ago, captainb said:

There is not currently a crash. 

Its a low transaction count stand off. You might find someone who just doesn't care and accepts a low offer but thats blind luck as always. 

As others have said a crash (or not) and its magnitude depends on how employment plays out over the next year.

Currently looking at 3-4% falls in real terms per year. Not a crash but a bear market if it persists.

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From the report - an acknowledgement and a plea for 'help'

“Of course, come the autumn, the macroeconomic landscape in the UK should be clearer and the scale of the impact of the pandemic on the labour market more apparent. We do expect greater downward pressure on prices in the medium-term, the extent of which will depend on the success of government support measures and the speed at which the economy can recover.” 

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  • 416 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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