House prices to rise by £38,000

[DimPrawn]

http://www.findaproperty.com/display...&storyid=23222

•Research from Oxford Economics on behalf of the National Housing Federation – which represents England's housing associations – forecasts a 20 per cent rise in English house prices by 2014.

•This is despite a prediction that prices will fall by 12.2 per cent this year and by a further 4.6 per cent next year before stabilising in 2011 with a 1.1 per cent rise.

•By 2014, the average house price in England will be £227,800 - £38,000 higher than the forecast average of £189,800 for 2009.


So what they are saying is anyone buying a property before 2011 is a fcuktard?

[BrilloPad]

http://www.findaproperty.com/display...&storyid=23222

•Research from Oxford Economics on behalf of the National Housing Federation – which represents England's housing associations – forecasts a 20 per cent rise in English house prices by 2014.

•This is despite a prediction that prices will fall by 12.2 per cent this year and by a further 4.6 per cent next year before stabilising in 2011 with a 1.1 per cent rise.

•By 2014, the average house price in England will be £227,800 - £38,000 higher than the forecast average of £189,800 for 2009.


So what they are saying is anyone buying a property before 2011 is a fcuktard?

Maybe they mean by 2014 there will be a rise of 20% from 1995 prices?

[TimberWolf]

Is that in real terms and have they got inflation predictions too? Don't even bother replying.