Is now the tome to invest? Can I keep paying BMV? What is Gazundering read some appropriate answers and add your comments.

Why the North is suffering more housing price deflation than the more economically successful South. In the North East and the North West prices are particularly grim …

Demand for Housing depends on various factors 1. Affordability. Rising incomes mean that people are able to afford to spend more on housing. During periods of economic growth, demand for houses tends to rise. Also demand for housing tends to be a luxury good. So a rise in income causes a bigger % rise in [...]

The interesting thing is to see how much the house price to earnings ratio for first time buyers fell at the end of the 1990-93 crash. The ratio of house prices to earnings fell close to 2.0. At the height of the 2007 boom, house price to earnings ratios peaked at over 5.0 and in [...]

House prices peaked in Q3 1989 at £62,782 They fell until Q4 1992 when they were £50,128 The next peak was in Q3 2007 at £184,131

Graph showing nominal house price growth. Notice two big house price crashes of 1991 and 2008. Also these figures are not adjusted for inflation. The real house price growth is less. But, house prices have still outstripped the rate of inflation. In 1952, the average house price was £1,891. They peaked in Q3 2007 at [...]

This graph shows the fluctuations in house price affordability in the UK. At the height of the 1980s boom, mortgage payments as a % of take home pay were a record 140%. The cost of mortgage payments was heightened by the period of high interest rates. The following house price crash and decline in interest [...]

This graph shows the annual % change in UK house prices during the past 10 years. The early 2000s involved a rapid house price boom with the annual rate of house price inflation exceeding 25%. The boom was caused by: low interest rates, positive economic growth Generous mortgage lending high confidence relative shortage of supply [...]

The Halifax reported a 0.8% rise in its three month house price trend survey. This gives  a good sign that the house price stabilisation is more than just a one off monthly event. House price forecasts at the beginning of 2009, are now looking more bearish and likely to be missed. The Institute of Chartered [...]

2008 has been a bad year for house prices. Of course, it is excellent news for those who have been priced out of the market. It may even help regional economies like London attract key workers. However, it is bad news for speculators and estate agents who have seen house prices fall and the number [...]