Wednesday, December 7, 2011

UK house prices down 16 percent from their peak


For the last two years, UK house prices have bounced around.  One month, they are up; the next they are down.  November was a down month, but who knows, January could record an increase.

Overall, house prices are down 16 percent from their summer 2007 peak.  Call me Cassandra if you want, but I don't think house prices will recover this side of 2020. 

6 comments:

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  2. Spot on with that, I'd say 2020 sounds about right.

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  3. Thank you very much for writing this blog. It was very easy to understand. That was a very good blog.

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  4. With the price of houses goes down, it would be better to buy properties and collaborate with Holiday Letting Company and rent for a bigger income.

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