Latest: House Price Crash News
Tuesday, Jan 14 2020Add a News Blog Article
Nothing to see here
ONS: Index of Private Housing Rental Prices, UK: November 2019
Another check in to see if the much promised retaliation for Section 24, tenant fees ban, etc is materialising. No reply from ARLA about why the figures are wrong or if the are right, when the now pent up price increases are going to burst through.
Misallocation of capital
Torygraph: Low interest rates can cause a baby boom, Bank of England suggests
BoE suggests that artificially low interest rates, typically associated with misallocations of capital culiminating in recessions as grand plans exceed real savings, points out that their artificially low interest rates -may- cause a baby boom in the UK!As couples may misunderstand how much capital is available for their additional child presumably and then no .. sell that empty mall mum!No mention sadly of couples forgoing additional children because they can't afford somewhere to live with them. Sensibly Torygraph kept the comments turned off.
An independent report has found
BBC news: Builder Persimmon lacks minimum house standards, report finds
The UK's second biggest housing firm does not have an agreed minimum standard for all the homes it builds, an independent report has found.When the government makes a policy to throw money at a sector, should it not add checks and balances in place ?
Generational property cascade runs into student debt
WSJ: OK Boomer, Who???s Going to Buy Your 21 Million Homes?
I wonder if this effect will be present in the UK, but you could also put this in the same box as those speculating that the global debt ponzi will fall in on itself because eventually we are all saturated with debt etc etc. House prices in the UK are different because they are ultimately always underpinned by housing benefit (unless we run out of claimants )
When it is locked, how do you en-cash it?
BBC: Investors rush to pull millions from UK property funds
Its not the first fund, but seems the like dominoes are starting to fall. The numbers are not small and are in the billions
Fleecehold New we need to learn
BBC News: Fleecehold - New homes hit by 'hidden costs
Not sure how I missed this, after the lease holders crisis that has come to light, how can the home builders stop there. Here come the freeholders. I think we need to re-assign the definition of the Free or Freedom, if these are FREEholds
Summary of prices for small areas in England and Wales.
Office for National Statistics: House prices for small areas 2019
Great summary, particularly the interactive map at Figure 1 that shows median prices for each small area.
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house prices direct from the Land Registry database - See real price reductions in your area, visit
www.propertysnake.co.uk - An overview of what's happening with
house prices in your area with the BBC - Visit the first-time buyer campaigning website
www.pricedout.org.uk
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Source website | Period covered | Average house price | Monthly change (%) | Annual change (%) | Archive / Graph | Peak average house price | Change since peak (%) | Official releases |
---|---|---|---|---|---|---|---|---|
Jun 18 | £303,960 | ![]() | ![]() | ![]() | £305,654 (May 18) | ![]() | ||
Jun 18 | £225,654 | ![]() | ![]() | ![]() | £227,871 (Mar 18) | ![]() | ||
Jul 18 | £310,577 | ![]() | ![]() | ![]() | N/A | N/A | ||
Hometrack - Monthly National Survey | May 18 | £217,400 | ![]() | ![]() | ![]() | N/A | N/A | |
Apr 18 | £226,906 | ![]() | ![]() | ![]() | This month | N/A | ||
Jun 18 | £215,444 | ![]() | ![]() | ![]() | This month | N/A | ||
July 18 | £309,191 | ![]() | ![]() | ![]() | £317,281 (May 17) | ![]() |
House Price Statistics - Greater London
Archive of old house price surveys
House Price Predictions
If you have discovered other or revised predictions that you'd like added to this list then send an email to us with all the information for each column and also a link to a website that contains the information so that we can verify the data.
This table is now sorted by the date that the prediction was made.
Source website | Analyst | Photo | Date prediction made | Amount predicted | Region | Time Period | Evidence | Notes |
---|---|---|---|---|---|---|---|---|
David Orr | ![]() | Dec 2013 | ![]() | UK | 2013-2020 | ![]() | House prices will increase by another 35% by 2020, leaving a huge swathe of the population locked out of home ownership for life. |