Nationwide Building Society House Price Index 2018

[Martin@AS Financial]

Key points:

- Annual house price growth picks up to 2.5%

- Prices rose 0.6% month-on-month

- Any rate hike likely to have a modest impact


https://www.nationwide.co.uk/-/media...8/Jul_2018.pdf

[northernladuk]

Bricks are the new gold!! Next stop.. the moon!! Yeehaaaa

[VirtualMonkey]

It's a bubble.
No..it's a Ponzi
No...it's a scam

[barrydidit]

It's a bubble.
No..it's a Ponzi
No...it's a scam

Doubt it applies in 'Ull though

[ChimpMaster]

It's a bubble.
No..it's a Ponzi
No...it's a scam

It's all of those.

But in the meantime I can live in it

[Hobosapien]

Bricks are the new gold!! Next stop.. the moon!! Yeehaaaa

Fools gold if anyone is buying at these silly prices and getting a variable rate high LTV mortgage. Negative equity is a term not often heard in the last 20 odd years but it still exists. Let's see if the BoE raises interest rates today ...

[Yorkie62]

Doubt it applies in 'Ull though

Nowt wrong wit' t'Ull. T'weather will be Mafting at weekend.

[Hobosapien]

Nowt wrong wit' t'Ull. T'weather will be Mafting at weekend.

Ah, I get it now. Yorkshire twang is a foreign language to me, being from Lancashire.

[Yorkie62]

Ah, I get it now. Yorkshire twang is a foreign language to me, being from Lancashire.

Not your fault you were born wrong side o' t'ills - the devils backyard - Liverpool and Blackpool or to give them their biblical references Soddam and Gomorah.

[Hobosapien]

Bank of England raises interest rate to a whopping 0.75%. Bring it on.


Savings rates will surely follow suit.