Monday, Dec 21, 2009

House price rises predicted.....

Times: Ghost of Christmas Yet to Come has cheer on houses

''Against most economists’ expectations, almost every housing market indicator has turned up. Mortgage approvals have more than doubled from the low point (though net mortgage borrowing remains very subdued) and prices have recouped about a third of their previous losses. On the Halifax and the Nationwide measures, prices are set to rise by about 5 per cent this year (December/December).''

Posted by hpwatcher @ 09:09 AM (1501 views)
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4 Comments

1. cynicalsoothsayer said...

No mention of the lay-offs likely coming in Jan/Feb.

Monday, December 21, 2009 09:46AM Report Comment
 

2. Alfie said...

Its all becoming really predictable these articles by the Times, Telegraph, Mail etc etc They think that by reporting on what they want to happen rather than what is likely to happen, will keep their property investments from losing value. How can they think that optimism can compete with realism.

Thank god for HPC so we can see what is really happening and make our own minds up, and see through the CRAP.

Monday, December 21, 2009 01:01PM Report Comment
 

3. Njp said...

When was the last time that anyone successfully predicted the annual HPI?

In 2009, we were due to see a decrease of 10%, and it stayed flat.
In 2008, they predicted that it would be flat and we saw a 15% fall.
Now we're seeing predictions of a 5% rise in 2010.

Monday, December 21, 2009 01:36PM Report Comment
 

4. mr g said...

Bah, humbug!!

Monday, December 21, 2009 01:55PM Report Comment
 

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