Thread List
First Page Previous Page Page 117 / 291 Next Page Last Page
Subject#Latest
9 12.03.09
2 12.03.09
3 11.03.09
6 11.03.09
1 10.03.09
3 10.03.09
14 10.03.09
4 09.03.09
27 09.03.09
4 09.03.09
28 09.03.09
9 08.03.09
55 08.03.09
4 07.03.09
8 06.03.09
8 06.03.09
2 06.03.09
13 06.03.09
10 06.03.09
4 05.03.09
2 05.03.09
7 04.03.09
44 04.03.09
3 04.03.09
6 03.03.09
7 03.03.09
1 03.03.09
14 02.03.09
1 02.03.09
2 01.03.09
11 01.03.09
8 01.03.09
9 28.02.09
1 27.02.09
1 27.02.09
9 26.02.09
6 26.02.09
2 26.02.09
4 26.02.09
6 26.02.09
4 26.02.09
14 26.02.09
40 25.02.09
8 25.02.09
3 24.02.09
1 24.02.09
7 24.02.09
4 24.02.09
7 24.02.09
5 22.02.09
First Page Previous Page Page 117 / 291 Next Page Last Page

Property Prices - What next?

 
#1 Property Prices - What next?
09/03/2009 11:53

MWNN

Have just been musing over property prices and thinking about what is to come. If you haven't already come across this website then it's quite useful:

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/

Lets you track prices and sales volumes for different areas since 1995. The question I'm pondering is that it is now early 2009, and as of Jan 2009 the average house price was 155-160k. So what will happen next?

1. The average house price index will rise. Seems unlikely with the current trend and how the media is, in a slightly simplistic way, fully aboard the doom and gloom bandwagon.

2. The index will fall slowly. Could do but I think sales volumes would have to increase to prop up the prices and with the current uncertainty it seems that wait and see is the prevaling opinion.

3. The index will fall quickly. Scary. Prices are at mid 2006 ish prices now. If investors are no longer buying bricks and mortar because rental returns aren't worth it and appreciation isn't likely, then it's down to the lumpeninvestoriat to stop the downward momentum and they're all steadily being laid off!

4. The index will fluctuate. There wont be a clear trend because prices will fall a lot one month, go up a bit the next, go up again a little bit (but not enough to balance the initial fall) but that will give enough hesitators incentive to stay in the market so there'll be a standoff leading to a very sharp fall at some time later.

Any comments, thoughts, general abuse?

Reply  Quote   
 
#2 RE: Property Prices - What next?
09/03/2009 11:56

anon to MWNN (#1)

I agree.

It will probably do one of those four things

Reply  Quote   
 
#3 RE: Property Prices - What next?
09/03/2009 20:48

Four way split to anon (#2)

Me also - I think one of these four things will happen

Reply  Quote   
 
#4 RE: Property Prices - What next?
09/03/2009 21:03

anon to MWNN (#1)

same as always - fall quickly (2009), then fall more slowly (2010 - 2014), then pick up slowly for a few years and rocket all over again (2018)

Reply  Quote   

Top of Page

ThreadID: 52966

Advertise
Your Jobs!