To celebrate this month's house price falls, Ms E has popped back to 2003:
“The rate of house price falls moderated significantly in November. Prices fell by just 0.4% in the month compared with 1.3% in October. This brings the annual rate of house price falls to 13.9%, down from 14.6% last month. The price of a typical house is now £158,442. This is about £25,000 less than this time last year but is still about £25,000 higher than in November 2003."
Oh noes! We visited 2003 a few months ago, the comparison with today looked a lot rosier then didn't it?
"The price of a typical house in the UK is now £179,110, only £2,027 more than this time last year. However, prices are still 11% higher than two years ago and 47% higher than five years ago - the equivalent of a price rise of more than £30* per day for the last five years."
* That's down to £14 per day, using today's prices.
Thursday, 27 November 2008
Fionnuala Earley's Time Travel Adventures
My latest blogpost: Fionnuala Earley's Time Travel AdventuresTweet this! Posted by Mark Wadsworth at 07:41
Labels: house price crash, Nationwide, Time travel
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2 comments:
Wow. It almost sounds like house prices are going up again. Where do I go to make an offer?
Before going on any trip whether you are driving it or going by another other modes of transportation, it is important to have a variety of travel maps available. The last thing anybody wants to have happen is getting lost on his or her trip. Being lost takes valuable time away from enjoying yourself if it is a pleasure trip, or takes away from working time if the trip is for business.
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