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What’ll happen to house prices?

5 April 2009

Poll Started 06 April 2009: Over the last year according to Nationwide house prices have dropped 15.7% while Halifax says 17.5%. Yet in the last month Nationwide has reported a rise of 0.9%, compared to Halifax's 1.9% drop. Sentiment is a crucial part of house prices e.g. when people think they’ll drop, many hold off from buying, meaning less demand and prices do drop. So what do you think will happen to UK house prices over the next 12 months?

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Poll Started 06 April 2009:

Over the last year according to Nationwide house prices have dropped 15.7% while Halifax says 17.5%. Yet in the last month Nationwide has reported a rise of 0.9%, compared to Halifax's 1.9% drop.

Sentiment is a crucial part of house prices e.g. when people think they’ll drop, many hold off from buying, meaning less demand and prices do drop.

So what do you think will happen to UK house prices over the next 12 months?

Results

A. Increase over 20%. 114 votes (1 %)
B. Increase 10-20%. 163 votes (2 %)
C. Increase 5-10%. 592 votes (6 %)
D. Increase 2-5%. 1,848 votes (18 %)
E. No real change. 2,167 votes (21 %)
F. Decrease 2-5%. 1,515 votes (14 %)
G. Decrease 5-10%. 1,753 votes (17 %)
H. Decrease 10-20% (smaller crash). 1,187 votes (11 %)
I. Decrease over 20% (crash). 671 votes (6 %)
J. I really have no idea. 475 votes (5 %)

                   10,485 votes received.

We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.

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