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Realistbear

Top London E A: "house Price Growth Slowest In Year"

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http://www.tiscali.co.uk/news/newswire.php...y_template.html

House price growth slowest in year
01/09/2006 07:48
By Jennifer Hill
LONDON (Reuters) - Prices of houses in the
prime central London market are rising at their slowest in almost a year
, data showed on Friday.
Residential property prices in central London -- flats and penthouses with an average value of some 1.5 million pounds and houses worth a typical 3 million pounds -- grew by less than 1 percent in August.
That was the lowest monthly rate of house price growth since September 2005, according to figures from Knight Frank Residential Research.
"Summer has finally caught up with the prime central London residential market," said Knight Frank’s Liam Bailey.

Written for the benefit of the BoE perhaps? Or is it counter-spin to stop the Sheeple from being terrified by the other VIs? With the big prize, sentiment, at stake its no holds barred for the spin.

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http://www.tiscali.co.uk/news/newswire.php...y_template.html

House price growth slowest in year
01/09/2006 07:48
By Jennifer Hill
LONDON (Reuters) - Prices of houses in the
prime central London market are rising at their slowest in almost a year
, data showed on Friday.
Residential property prices in central London -- flats and penthouses with an average value of some 1.5 million pounds and houses worth a typical 3 million pounds -- grew by less than 1 percent in August.
That was the lowest monthly rate of house price growth since September 2005, according to figures from Knight Frank Residential Research.
"Summer has finally caught up with the prime central London residential market," said Knight Frank’s Liam Bailey.

Written for the benefit of the BoE perhaps? Or is it counter-spin to stop the Sheeple from being terrified by the other VIs? With the big prize, sentiment, at stake its no holds barred for the spin.

Maybe it's just true. :)

PS I see normal service has been resumed thread-wise RB ;)

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Guest Cletus VanDamme

"Summer has finally caught up with the prime central London residential market," said Knight Frank’s Liam Bailey.

Written for the benefit of the BoE perhaps? Or is it counter-spin to stop the Sheeple from being terrified by the other VIs? With the big prize, sentiment, at stake its no holds barred for the spin.

But how much did they rise between January and June? A 1 percent rise in August is still double-digit annual inflation.

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http://www.tiscali.co.uk/news/newswire.php...y_template.html

House price growth slowest in year
01/09/2006 07:48
By Jennifer Hill
LONDON (Reuters) - Prices of houses in the
prime central London market are rising at their slowest in almost a year
, data showed on Friday.
Residential property prices in central London -- flats and penthouses with an average value of some 1.5 million pounds and houses worth a typical 3 million pounds --
grew by less than 1 percent in August
.

So, when's it all going to happen then, RB?

Cheers

KF

Edited by KentishFella

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So, when's it all going to happen then, RB?

Cheers

KF

6 month lag from the US is my best guesstimate. They started to go down around June. We can expect the bovine excretia to start to pile up as it gets closer--a sure sign.

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6 month lag from the US is my best guesstimate. They started to go down around June. We can expect the bovine excretia to start to pile up as it gets closer--a sure sign.

Sorry to be such a pedant RB, but would you mind not continually referring to 'excretia'?

Thanks :)

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Guest Cletus VanDamme

They're suggesting that London prices have grown by 20%+ in a year, is that possible? :o

Yes, that certainly reflects what I've seen in the central London market (EC1, EC2, SW1 etc)

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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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