Well there have been quite a few of you who said we would be on Rates of 4,5,6 % or more by now .

There will be some time before they get anywhere near those percentages as I said months ago .!!!

 

Who has said there will be 4%-6% by the end of 2010 ????

Im sure it will be 2% by this time next year though..Just my opinion of course,going off what i have read..

Of course its all conjecture,but its gonna go up thats in no doubt!!

 

Of course its all conjecture,but its gonna go up thats in no doubt!![/QUOTE]

Well it can hardly go down can it !!!!!!

 

Can you answer my first question though ?

And im glad your agreeing with me on the interest rate rises. That will only mean one thing,less houses sold..

 

And falling prices ........... good for everyone!

 

[QUOTE=fatscoobfella1;9690615]Can you answer my first question though ?

No .Cant be arsed trawling through but the comments are there .

 

Oh yes...

We are thinking of moving next year too,if the house we want comes up for sale...

Cheaper the better!!

Cant be arsed eh...Shouldnt really say things that you cant be arsed backing up.

 

House prices in the UK rose by 1.8% in October compared with the previous month - but this followed a big drop a month earlier, the Halifax has said.

The lender, part of the Lloyds Banking Group, said that the less volatile three-month on three-month comparison showed property values dropped by 1.2%.

The average home cost £164,919, according to the survey.

Monthly changes in prices had been a mixed picture, the lender said, but it is not predicting a sustained fall.

"An increase in the number of properties available for sale in recent months, together with a decline in demand, has put some downward pressure on prices in recent months," said Halifax housing economist Martin Ellis.

"We do not believe that prices are set to fall sharply over a sustained period."

Volatile

A month ago, the Halifax survey produced a surprising figure that house prices had dropped by 3.6% in September, compared with the previous month - the biggest drop on record.

However, the lender, and analysts, warned at the time that this was likely to be a blip and should not be regarded as a measure of long-term price trends.

This seems to have been corrected with the monthly rise in October, with the figures affected by low levels of activity in the market.

 

The record low number of transactions is giving a false picture now ....

 

As they say, a picture paints a thousand words.

 

west london - up 13.9% this year, according to my estate agent

must be the "banking" factor kicking in again

 

It could be Landlords snapping em up Hodgy !!!!!

Apparently 5.8 Tenants chasing every property to let at the moment .The highest demand for a long time .

Surely any Landlord is bound to want to cash in !!!!!!

 

Why use 20 exclamation marks when 1 will do???????????!!!?!?!?!?!
It looks retarded.

 

gOOD NAME !!!!

 

it could be -- but I suspect that London property does not show the same trends as most of the UK

London is part of the Global property market, rather than a purely UK one

The same as Manhattan -- which has bucked the trend in US property prices, and is showing gains over the last few years

 

Indeed, my Manhattan apartment has held up rather well .............

 

Prices in London to rocket by 30% over 5 years! I'm alright, couldn't care less about the people living elsewhere.

http://www.thisislondon.co.uk/money/...-five-years.do

 

Must be all that shuttering timber ,stopping it falling down !!!!!

 

I didn't realise there was a Manhattan in York

 

24
years ago I worked in london for a while on converted houses and one of them I worked on overlooked Kensington palace. The average price of each flat was around £200k but the top floor flat was £400k at the time I thought they were mad but it would be funny to see hyow much they are worth now. No matter how much property drops in the long run its always the best investment as long as you buy in a good area

 

London's booming. More and more Chinese arriving each day.

 

I didn't order any, did you?

 

They've bought Number 6, 12, 16, 22 and a side of 37

 

Curry this evening.

 

London.............

You can keep it...

You should get a free toilet roll with your congestion charge payment..Would help wipe off the crap as you leave...

 

Keep the faith - http://www.telegraph.co.uk/finance/p...next-year.html

So that's a nominal drop of 7% and likely 5% inflation.

Meanwhile, attempting to prop prices up has its cost - http://www.telegraph.co.uk/finance/e...ing-jumps.html

Merry Christmas!

 

LOL and this is after the government shelved plans for some of those much trumped public sector job cuts on the back of predicted increased tax receipts!

 

Looks as if Pete's signed in under the wrong username again.

 

Exchanged on ours 3 days before Xmas

We sold @ 10% up on March 2010 estimate, so kind of bucked the trend a bit

 

Right ... 2011 ... what does the year hold?

I see that the Express is claiming that spring will see a boom in prices - not sure where that rubbish has come from? There will be much less finance available to spend on houses!

I think the market will fall 10%