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Tag: average house price

A 25% jump in house prices – is that scientific or finger licking bad

A 25% jump in house prices – is that scientific or finger licking bad

I can tell you the price of a house in 2020. I’ll even let you into the secret of how I do it. What I do is lick my finger and stick it into the wind. Works every time, especially on those with no memory and little understanding, and I have the power to send them home comforted or worried, depending on which I choose. It’s a gift I have. And here’s a bonus, as a regular reader of this…

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A bad time for house prices to go negative

A bad time for house prices to go negative

Nationwide released its latest house price figures today showing the a 1.1 per cent rise over the past 12 months. However, it also revised its forecast for 2008 down from no change to an overall fall. This will please neither estate agents nor house builders as they put Easter behind them and set themselves ready for the big seasonal sales push. But the blow to their sales teams may come next week with the release of the HBOS (Halifax) price…

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