Wednesday, Dec 27, 2006

What are the chances of a slowdown in 2007?

The Times: They promised a slowdown, but house prices climb

The Times looks at the prospects for 2007. Is there anything in the recent sets of data to support those longing for a crash? Or are prices set to contiune rising on the same trajectory as 2006?

Posted by jellycaster @ 02:49 PM (542 views)
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2 Comments

1. Bobsta said...

The closing paragraph says it all... "Such are the new mores of buyers in easy circumstances. Everyone else will be minded to be rather more cautious."

Wednesday, December 27, 2006 06:32PM Report Comment
 

2. Surfgatinho said...

I'm getting a bit bored of reading articles saying 10% or whatever YOY despite 2 interest rate rises. Both these rises have been towards the end of the year so the delayed effect is not likely to have kicked in yet.
I guess articles like this are the VI counter spin to convince people that IR rises don't make any difference and property prices are unstoppable

Thursday, December 28, 2006 12:32AM Report Comment
 

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