Nationwide House Price Index November 2014

[Martin@AS Financial]

Key points:

• UK house prices rose by 0.3% in November
• Annual house price growth slowed to 8.5%

Full report below.


http://i.emlfiles9.com/cmpdoc/1/1/2/...531C5M,AVT10,1

[OwlHoot]

Although all the graphs and charts indicate still rising prices, the Average UK House Price graph (top of Page 3) for at least the last four months looks as flat as a mill pond. So it seems the supposed continuing rises are now being conjured up and sustained entirely out of moving averages.

[DimPrawn]

Boomed!

Fill yer boots!

[SantaClaus]

Got to love Nationwide's motto on that one:

"Nationwide, on your side".

[PurpleGorilla]

"Property is my pension"

We are so close now to a massive crash; which will make the one in 08 seem like a wet fart.

Fill your boots!

[Stevie Wonder Boy]

"Property is my pension"

We are so close now to a massive crash; which will make the one in 08 seem like a wet fart.

Fill your boots!

8.5% annual rise is hardly a crash.

Central London off plan flats with silly prices are definitely not selling, this is driving down the average cost. The pound has strengthened and made them unattractive to foreign investors.

Till we have a massive house building boom the prices will not go down. Where are all the millions of new migrants going to live?

[PurpleGorilla]

8.5% annual rise is hardly a crash.

Central London off plan flats with silly prices are definitely not selling, this is driving down the average cost. The pound has strengthened and made them unattractive to foreign investors.

Till we have a massive house building boom the prices will not go down. Where are all the millions of new migrants going to live?

The trend is a falling rate of increase (yes still up 8.5%, but a noticeable change in trend). Looking into the horizon I see the rate reducing further and then the fun starts. The debt bubble cannot last forever. Ponzi will pop.

Maybe the migrants won't come to the UK when the tulip hits the fan. Why would you want to!