Mortgage News 6/1/12 – UK House Prices Will Remain Flat In 2012
Posted on January 16th, 2012
Stagnation Goes On.
Welcome to 2012 then and it looks like the stagnating value of residential properties will continue for most of 2012. Predicting house prices much further ahead is a largely pointless activity, especially given the current economic woes in mainland Europe.
According to the Nationwide Building Society, the average house price is now just under £164,000, thats a level which we havent seen since since early 2004, apart from a brief dip at the beginning of 2009.
Tags: 2012, House Prices
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