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House prices in shock rise!!!

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    House prices in shock rise!!!

    NOT!

    http://news.bbc.co.uk/1/hi/business/7424309.stm

    House prices have recorded their largest monthly fall since 1991, says the Nationwide building society.

    Prices have fallen by 2.5% during May, according to its latest monthly survey.

    The lender said prices were now 4.4% lower than a year ago, a fall of £8,000 which has taken the average UK house price down to £173,583.

    The Nationwide, the UK's second-largest lender, said price falls were now accelerating and had continued for seven months in a row.



    One word, six letters, begins with D and ends in D.
    Last edited by DimPrawn; 29 May 2008, 07:25. Reason: To please BrilloPad

    #2
    I was starting to miss atw and the pasting of bbc news stories - thank goodness someone has filled the gap.

    Please could you put in bold the relevant bits?

    Comment


      #3
      <smug-mode state='on'>
      The great thing is my wealth is rising even faster than the fall in property prices.


      </smug-mode>

      Comment


        #4
        Originally posted by DimPrawn View Post
        One word, six letters, begins with D and ends in D.

        Comment


          #5
          Originally posted by DimPrawn View Post
          <smug-mode state='on'>
          The great thing is my wealth is rising even faster than the fall in property prices.


          </smug-mode>
          So where are your assets invested?

          Comment


            #6
            Originally posted by BrilloPad View Post
            So where are your assets invested?
            A 6% high interest account would be paying more than the 4% fall in house prices but probably for not much longer !

            One word, six letters, begins with D and ends in D.

            Comment


              #7
              Nothing like a good sneer DP

              now must check on my property derivative portfolio.
              I'm alright Jack

              Comment


                #8
                Originally posted by DimPrawn View Post
                One word, six letters, begins with D and ends in D.
                DimmeD?

                Comment


                  #9
                  Originally posted by rootsnall View Post
                  One word, six letters, begins with D and ends in D.
                  DickeD?

                  Comment


                    #10
                    DoggeD ?? If you're into car parks.

                    Comment

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