Property can only go one way. Up up up. Property is cheap. Property is my pension. Small island. Immigration...
Yawn.
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Previously on "Nationwide Building Society House Price Index Feb 2015"
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Meanwhile, Cameron will be sweetening the deal for young first-time buyers.
David Cameron: Tories will build 200,000 discount homes for first-time buyers - Telegraph
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1-2% growth would be normal. Demand exists of course but for all the wrong reasons. A crushing influx of people and a state unable to cope with politicians offering soundbites.
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So one of the two things holding up the UK economy is going down.
At least immigration is still there.
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Nationwide Building Society House Price Index Feb 2015
Key Points:
Annual house price growth slowed to 5.7% in February from 6.8% in January
Annual house price growth slowed for the sixth month in a row
UK house prices fell by 0.1% in February
http://i.emlfiles1.com/cmpdoc/1/1/2/...531C5M,BJ7CK,1Tags: None
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