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House Price Forecasts and Predictions in the UK
Checkout this weeks house price forecast here
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House Price Update 7 December 2011 UK House Prices Situation: Economic uncertainty proving contagious UK House Prices Forecast: Weak pricing likely to continue into Q1 2012 Asking Prices Down 3.1% in November Property website Rightmove has reported that average asking prices fell by 3.1% in November, the largest monetary fall since December 2007 and the third-largest fall the company has ever recorded. Every single region of the UK – even Greater London – reported falling asking prices in November, the first time this has happened for over three years. Commenting on the figures, Miles Shipside, Rightmove's Commercial Director said: "Agents report that many would-be sellers are postponing their marketing until the New Year, influenced by the current wall-to-wall media coverage of the Greeks and Italians attempting to get their own far-flung houses in order. It’s no great surprise that those who have braved the stormy conditions have had to accept a substantial ‘haircut’ on their asking prices.” Agreed House Prices Up 0.4% in November While asking prices may be plummeting, the latest figures from mortgage lender Nationwide show that there is little change in the prices being agreed between buyers and sellers. Nationwide recorded a 0.4% increase in agreed prices in November. This figure is based on new mortgage deals agreed by the lender, so does not include the whole market. November's 0.4% increase follows an identical increase in October and leaves the annual rate of change at 1.6%. Despite this cautiously optimistic news, Robert Gardner, Nationwide's Chief Economist says that in 2012, "house price growth is likely to remain soft, with prices moving sideways or drifting modestly lower over the next twelve months."
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Historic house and property prices forecasts and Predictions at 27/6/08
Historic house and property prices forecasts and Predictions at 25/7/08
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Historic house and property prices forecasts and Predictions at 26/9/08
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Historic house and property prices forecasts and Predictions at 7/11/08
Historic house and property prices forecasts and Predictions at 5/12/08
Historic house and property prices forecasts and Predictions at December 2008
Historic house and property prices forecasts and Predictions at January 2009
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Historic house and property prices forecasts and Predictions at March 2009
UK Home property prices Predictions April 2009
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UK Predictions Home property prices at 19 June 2009
House Prices Forecasts and Predictions to 26 June 2009
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Property Prices Forecasts and Predictions to 10/7/09
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UK Property Prices Forecasts and Predictions to 7 Aug 2009
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UK Predictions and House Prices Forecasts to 21 April 2010
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UK Predictions and House Prices Forecasts to 25/5/11
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Historic house and property prices forecasts and Predictions to 20/7/11
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UK Property Prices Forecasts and Predictions to 24/8/11
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Property Prices Forecasts and Predictions to 14/9/11
Historic house and property prices forecasts and Predictions to 21/9/11
House Prices Forecasts and Predictions to 28/9/2011
UK Predictions and House Prices Forecasts to 5/10/11
Property Prices Forecasts and Predictions to 12/10/11
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