unclebuck

UK house prices go into reverse

Probably not, but we live in hope.

Anyone noticed any reductions happening in their areas?

UB

TelBoy

With expectations of a Bank of England rate hike having receded in recent weeks, this could be the start of a gradual slowdown rather than a full-scale crash. Some amount of correction was inevitable.

blair

Isn't Xmas and new year traditionally the slowest point in the year for house sales - a small drop in demand vs supply then would have an above average impact.

Once the Xmas credit card bills have had a couple of payments made against them and the days are a bit longer and sunnier, it'll all kick off again.

I can't see big increases across the board this year - people must be getting enough warning signs around sustainable spending to stop the huge increases of the last couple of years.

I recon strong locations will continue to show low growth, there may be some falls in value in some of the over hyped areas that benfited so much last year

jjones

predicted 5pct rise this year. would not be suprised if it is higher than this.