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Against the grain, the Nationwide index shows positive growth in November (0.4%, the same as in October) and across the last twelve months (1.6%). There's little cheer in the press release, though, with only poor supply holding up prices, activity way down and serious concerns about the outlook as we head into 2012.
Many of the factors that underpin the demand for homes have deteriorated further in recent months. For example, the UK economy lost almost 200,000 jobs in the three months to September – similar to the pace of job losses seen during the depths of the 2008 recession. At the same time, wage growth slowed to 1.7% - less than half the pace of inflation over the same period.
Download your own pdf of the actual report here.
Technorati Tags: property, real estate
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How to get on with your tenants [Daily Telegraph]
Prepare for cheapest loans ever [Daily Express]
How to deal with squatters [Guardian]
Taxing luck [Money Week]
The Rat and Mouse - it's about your house
Technorati Tags: property, real estate
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Don't annoy this man [Property Hawk]
A guide to rock star pads [Telegraph]
Former Inside Track members get legal [Daily Mail]
Your home and the Olympics [Citywire]
The Rat and Mouse - London's property blog, since 2005
Technorati Tags: property, real estate
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Where Rightmove stores your stuff [Rightmove blog]
On a prefab future [Independent]
The new Zoopla property archive [Zoopla blog]
April's going to be shit [Evening Standard]
The Rat and Mouse - London's property blog
Technorati Tags: property, real estate
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Outlook for rents good [Homemove.co.uk]
Rate their bedrooms [4homes]
Mortgage worries turn homeowners bearish [Myintroducer.com]
In America: cute little houses [DesignSquish]
The Rat and Mouse - London's property blog, since 2005
Technorati Tags: property, real estate
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Landlords: 6.1% richer [FT Adviser]
The Libor rise: reasons to be cautious [Peston's Picks]
RICS: rents up [Business Week]
London: UK's only Top 50 city [BBC]
The Rat and Mouse - London's property blog, since 2005
Technorati Tags: London, property, real estate |
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The X-Factor house [Telegraph]
Flipping marvellous profits [Sunday Telegraph]
On homeswaps [Independent on Sunday]
Primelocation reveals London's most popular postcodes [Primelocation blog]
HIPs - gone in 100 days [Property Hawk]
The Rat and Mouse - it's about your house
Technorati Tags: London, property, real estate |
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