tinecu

" The 28% drop in supply and the 17% drop in stock levels for London are highly significant and point towards price recovery in the near future, despite lower demand. Brexit or no Brexit, London remains a highly desirable world city. Post-boom, prices have been correcting in the capital for 36 months and, should the mists of uncertainty clear, the stage looks set for this leading property market to return to the growth phase of the property cycle. " https://www.home.co.uk/asking_price_index/HAPIndex_MAY19.pdf

Spot on BoldAsBrass, it will take quite some time for the new market reality to sink in. Londoners will 'get it' first... Meanwhile... update on London rents...from here: https://www.home.co.uk/asking_price_index/HAPIndex_NOV18.pdf "...rents are rising by 2.3% nationally and by a massive 5.8% in Greater London." Shortage of available rental stock driving up London rents.

I get the impression that Gold is ready for a big move up...maybe in the run up to Xmas (classic pattern) or sooner.

London prices are heading south. No need to catch a falling knife.

Hmm. What happened to Gold and Silver recently? Are we no longer in the new upward chanel?

London looks cooked... Panic Selling in London as Brexit Fears Push Down Prices

soon to be replaced by the 'Infinity' mortgage....it's so affordable* you just never stop paying (nor do your kids)! *= affordable means all your spare cash so you remain permanently in debt.

Central London prices are sliding and look set to fall a long way. The rest (SE etc) will follow but it may take along time..... On the other hand the North East has flat lined since the crisis.. i.e. no funny money recovery at all.

Please can someone repost Cuthberts original image...?

We seem to back in an up-trend.... Silver leaping at last too...

Your observations are correct: See http://www.home.co.uk/company/press/northern_powerhouse_faces_impossible_task_to_catch_up_with_the_south.htm "Meanwhile, Scotland and Wales have suffered a similar fate as the North of England with asking prices down 4.56% in Wales and falling 5.72% in Scotland over the last seven years."

Nice to hear from you Pix. Hope you get proper access... Are you looking for freelance web work?

Interesting scenario.

1085 and falling. I wonder where this will end....

looks like the crash in Central London is well underway http://www.home.co.uk/guides/asking_prices_report.htm?location=belgravia&startmonth=01&startyear=2014&endmonth=01&endyear=2015 http://www.home.co.uk/guides/asking_prices_report.htm?county=londonc&startmonth=01&startyear=2014&endmonth=01&endyear=2015