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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 9 January 2012 UK House Prices Situation: Average prices down in January UK House Prices Forecast: Broadly stable, but Eurozone crisis poses risk House Prices Fall 0.9% In January House prices fell by 1.3% in 2011 and by 0.9% in December 2011, according to the Halifax. Looking at the bigger picture, the Halifax House Price Index recorded a quarterly change of -0.1% in the final quarter of 2011, following on from a 0.1% rise in the previous quarter. These figures – which are effectively zero – do not tell the story of regional rises and falls, which are much greater, but they do highlight the broad stability achieved by the UK housing market in 2011. Discussing his forecast for 2012, Martin Ellis, Halifax housing economist, said: "If the UK can avoid recession, we expect broad stability in house prices in 2012. There is, however, considerable uncertainty regarding the prospects for the UK economy which will, to a large extent, depend on how events in the Eurozone unfold. In addition, the extent to which households choose to reduce their debts will also affect growth. As a result, the outlook for house prices is also uncertain." House Sales Down 2.5% In 2011 The number of houses sold in the first eleven months of 2011 was 2.5% lower than in the same period of 2010. Despite this, the number of houses sold in November 2011 was higher than in any month since December 2009, according to HMRC figures. According
to RICS, the balance of house sales to unsold stock has remained broadly
unchanged since November 2010, once again highlighting that current
market stability is based on low numbers of sellers and buyers and
a relative absence of forced sellers.
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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
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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
Historic house and property prices forecasts and Predictions at 3/7/09
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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Historic house and property prices forecasts and Predictions to 21/9/11
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UK Predictions and House Prices Forecasts to 5/10/11
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Predictions and UK House Prices Forecasts to 9/11/11
Historic house and property prices forecasts and Predictions to 7/12/11
House Prices Forecasts and UK Predictions to 14/12/2011
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