House prices

[NorthWestPerm2Contr]

November 2010 | Rightmove House Price Index November 2010

November sellers cut their asking prices by 3.2%, the biggest monthly drop since December 2007.

Falls now recorded in 4 out of the last 5 months, as year-on-year price growth heads for zero.

Unseasonally high number of unsold properties and longest ever time on the market mean sellers face tough competition, while winter buyers hang back waiting for bargains.




FFS, is the BoE just going to stand by and let house prices fall?

Print some trillions ££££ you *****!

I am a contractor with no chance in hell of getting a mortgage below 7% interest rate which makes it pointless even thinking of getting a house.

Let the prices come down, people go bankrupt as this means I will have to get a smaller deposit to actually buy. At the moment I need £50,000 to buy a £250,000 house, that is a ridiculous amount of money and will take years for me to save up.

[TykeMerc]

Bargains? in the UK house market?

Fair comment.

[scooterscot]

Scottish house price recovery 'ahead of UK'

BBC News - Scottish house price recovery 'ahead of UK'

[TimberWolf]

Bargains? in the UK house market?

Yeah, the smallest most densely packed and worst built houses in Europe (or is it the world?) for the highest price. Oh bargain, I thought you said rip-off.

[Mr.Whippy]

while winter buyers hang back waiting for bargains.

Bargains? in the UK house market?

[shaunbhoy]

Falls now recorded in 4 out of the last 5 months, as year-on-year price growth heads for zero.

So technically speaking, prices are still going up, it is just the rate of increase that is slowing. Nothing to worry about.

[AtW]

So your house will be worth even less in real terms.

In real terms Prawn's house is worth fook all until he is evicted, but even after that I don't expect many takers:

[alreadypacked]

November 2010 | Rightmove House Price Index November 2010

November sellers cut their asking prices by 3.2%, the biggest monthly drop since December 2007.

Falls now recorded in 4 out of the last 5 months, as year-on-year price growth heads for zero.

Unseasonally high number of unsold properties and longest ever time on the market mean sellers face tough competition, while winter buyers hang back waiting for bargains.




FFS, is the BoE just going to stand by and let house prices fall?

Print some trillions ££££ you *****!

So your house will be worth even less in real terms.

[TimberWolf]

Things are going to start warming up soon presumably, in terms of sackings, unemployment, VAT rise, runaway inflation, riots, etc. At last. We should have gone through this in mid 2000.

[Clippy]

House price threads are so 2007.

[DimPrawn]

November 2010 | Rightmove House Price Index November 2010

November sellers cut their asking prices by 3.2%, the biggest monthly drop since December 2007.

Falls now recorded in 4 out of the last 5 months, as year-on-year price growth heads for zero.

Unseasonally high number of unsold properties and longest ever time on the market mean sellers face tough competition, while winter buyers hang back waiting for bargains.




FFS, is the BoE just going to stand by and let house prices fall?

Print some trillions ££££ you *****!