Jump to content
House Price Crash Forum
Sign in to follow this  
Fudge

Slowdown Hits House Price Growth

Recommended Posts

Price inflation
slowed sharply in London,
with annual price inflation in the capital slipping from 7.0% in May to 5.8% in June.

Didn't we just get told by the LR stats that the opposite was true? 5.8% is about what you can get on a savings account which means property is no longer a viable "investment" even in London??????????

Perhaps history is about to repeat with London leading the crash.

The most recent Halifax and Nationwide surveys have shown that the housing market in most parts of the UK
running out of steam
as the summer progresses.
Both have said they anticipate a
further slowdown
in the second half of 2006 as the latest Bank of England interest rate rise takes hold.

With Haliwide going bearish looks like the ramping is ending too. :)

Share this post


Link to post
Share on other sites
Price inflation
slowed sharply in London,
with annual price inflation in the capital slipping from 7.0% in May to 5.8% in June.

Didn't we just get told by the LR stats that the opposite was true? 5.8% is about what you can get on a savings account which means property is no longer a viable "investment" even in London??????????

Perhaps history is about to repeat with London leading the crash.

The most recent Halifax and Nationwide surveys have shown that the housing market in most parts of the UK
running out of steam
as the summer progresses.
Both have said they anticipate a
further slowdown
in the second half of 2006 as the latest Bank of England interest rate rise takes hold.

With Haliwide going bearish looks like the ramping is ending too. :)

I am sure I have said this before on here but I am fed up with the contradiction in reports, one week they are up, the next down, up, down, up, down

which is it ? they cant be going up and down at the same time.

Or can they? dododododododo (theme from the Twilight Zone)

Not Outer limits, Twilight Zone

Edited by Fudge

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.