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House Prices 'to Be Rising In A Year'

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The Sun

Snap 'em up while they're cheap, guys.

sunmoney.gif

Yup - quality article from the Currant Bun, there. Best pop out & buy a house, then...

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Are these the same people who said that the property market would not crash but have a soft landing?

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It's quite possible prices will be rising in a year - it's a long way off in the current climate.

I suppose aliens could have made an official stance too by landing in Scunthorpe and telling us that God doesn't exist.

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Well they've cut their 5 year prediction by 15% since last October August. At least they're moving in the right direction.

http://www.housepricedebate.co.uk/showthread.php?t=292

Edit: Their report actually came out in August. The article linked to is dated October. Apologies for the mistake

Edited by narrowescape

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The Sun

Snap 'em up while they're cheap, guys.

sunmoney.gif

The same "experts" who said:

UK house prices to rise 40% by 2012 - UK house prices will increase 40% over the next five years because of a shortage of properties, a report by the National Housing Federation said. The average value of a home will rise to £302,400 ($618,000) by 2012, the London-based organisation, which represents 1,300 housing associations, said. Prices in London will jump 48% to £478,300. - (Aug 7, 2007) - The Icing on the Cake - 40% rise forecast at the precise peak of the UK housing market, I bet it seemed like a safe call at the time to forecast a gain of approx 8% per annum by a vested interest in a housing bull market.

They've actually cut their forecast for 2012 from 40% to 14%. They are getting warmer at least!

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  • 399 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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