Wednesday, February 3, 2010

Nationwide – Market to volatile to predict house prices for 2010

We won’t predict a housing boom

House prices in Swindon continue to be healthy. But Nationwide has poured cold water on a report in the Times which claimed the building society was predicting a 10 per cent increase in the price of homes in the UK over the next 12 months. “We released a report saying that prices had gone up 8.6 per cent over the last year,” said Katie Moore, communications manager at the building society. “We used to give a 12-month forecast about house prices in the past but because the market has been so volatile lately we have stopped these predictions.”

Posted by toddo @ 10:35 PM (523 views)
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