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December 2010 House Prices Fell 1.3%

December 2010 House Prices Fell 1.3%

According to Halifax today the Uk House Prices have fallen by 1.3% in December from previous month, it meant that the average property ended the year 1.6% cheaper than at the beginning of 2010. but it was still less than the fall in the second half of 2008. As interest rates will be held low [...]

January 10, 2011 | 0 Comments More

U.K. House Price Estimate Reaches Two-Year High

U.K. house prices increased to the highest in more than two years in November as the market showed signs of reaching a peak,  in an estimate released today. The average price of a home in England and Wales climbed for a seventh month, gaining 0.2 percent to 224,758 pounds ($354,200), the groups said in an [...]

December 10, 2010 | 0 Comments More

What Happens along the way when prices fall

In the UK the house prices is closely linked to economic performance. Studies (OECD) have shown that between 1971-2002 that a 1% change in values of British house stock led to a 0.7% change in consumer spending. In other parts of the world a strong economy creates higher house prices via rising and falling unemployment. [...]

March 23, 2010 | 0 Comments More
House prices see highest jump since 2006

House prices see highest jump since 2006

House prices see highest jump since 2006 By Norma Cohen Published: May 29 2009 07:54 | Last updated: May 29 2009 20:11 UK house prices rose for the second time in three months, registering the largest one-month increase since late 2006, according to the Nationwide House Price Index. House prices jumped 1.2 per cent from [...]

June 2, 2009 | 0 Comments More