Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/money/article/a538050
House prices still 'treading water', says Nationwide
House prices inched up in October, but are likely to remain flat or sink lower over the next 12 months, new figures reveal.
Markets
Other markets
However, with 30% of people predicting a decline in prices and 28% forecasting a rise in prices over the same period, the perception of the market is markedly polarised.
Whichever way the market moves, the majority of people expect any change to be relatively modest, and more than a quarter of people think house prices will remain unchanged over the next 12 months, Halifax said.
Tools from Citywire Money
More about this:
More from us
What others are saying
Archive
Today's articles
- Greece goes and we’re awash with ‘worthless paper’
- UK inflation drops sharply to 3%
- Henderson Asian Growth: 1bn new consumers can't be wrong
- Eurobond hopes fuel more FTSE gains
- Should financial firms live by these golden rules?
- China economic picture darkening, warns Brevan Howard
- Bank of England forced to accept credit crunch probe
- PPI becomes most complained about product ever
2 comments so far. Why not have your say?
Anonymous 1 needed this 'off the record'
Nov 01, 2011 at 12:32
Who even listens to this report anymore. It is clear that prices are falling, the land registry report is the definitive article. Nationwides figures only reflect their diminishing volume of new mortgages.
report thisTruffle Hunter
Nov 01, 2011 at 16:21
These figures dont reflect the real fall in values.The speculative premium embedded in the prices is yet to be wrung out. Another 25% fall should bring them back to fair value.
report thisleave a comment
Please sign in here or register here to comment. It is free to register and only takes a minute or two.