Nationwide Building Society House Price Index May 2014

[Martin@AS Financial]

Key Points:

- UK house prices increased by 0.7% in May and were 11.1% higher than May 2013

- First time buyers increasingly important in driving the recovery, Help to Buy playing a supporting rather than a starring role


http://i.emlfiles8.com/cmpdoc/1/1/2/...531C5M,95HNX,1

[speling bee]

I expect this will all end well.

[ZARDOZ]

Delusion is the main thing driving the market

London property market based on people pretending grim places are great

[CloudWalker]

London will always rise as many rich foreigners know they can by a property, rent it out for a year , do nothing to improve it, Sell and still make 18% profit

[speling bee]

London will always rise as many rich foreigners know they can by a property, rent it out for a year , do nothing to improve it, Sell and still make 18% profit

Until something happens to reverse the money flow from abroad.