Friday, Mar 29, 2019

Brexit or the Start of HPC?

BBC News: First house price fall in England since 2012

House prices are lower in England compared with a year ago - the first annual fall in property values since 2012, according to the Nationwide.
In the first three months of the year, prices in England were down 0.7% from the same period in 2018.

Posted by wdbeast @ 09:45 AM (967 views)
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2 Comments

1. nickb said...

So the average for England and Wales is now falling YoY in two indices. So the BBC just report one and then say, so let's focus on the UK average which is still positive!
You couldn't make it up. Or rather they can and do ...

Friday, March 29, 2019 03:56PM Report Comment
 

2. tenyearstogetmymoneyback said...

I have said before about positive feedback (which contrary to the name can increase both drops as well as rises)..

Just wait for the BTLers to price themselves out of the market by saying they have to increase rents to make up for the depreciation their houses are suffering.

Regarding Brexit,, whatever happens I think that for the near future the UK has decreased its attractiveness to potential immigrants and investors.

Friday, March 29, 2019 05:19PM Report Comment
 

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