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View Full Version : London property now 30% above 2007's peak


phantom_opera
02-07-14, 21:35
The most striking number was for London, where house prices in the three months to June were 25.8 per cent higher than a year earlier - an annual increase not seen since 1987. "The price of a typical property in London reached the 400,000 pound (US$681,000) mark for the first time, with prices in the capital now around 30 percent above their 2007 highs and more than twice the level prevailing in the rest of the UK," said Nationwide's chief economist Robert Gardner.

Bubble, what bubble?:tongue3:
phantom_opera
02-07-14, 21:39
Sydney is up 15% yoy
phantom_opera
02-07-14, 21:44
NZ .. moo

http://blogs-images.forbes.com/jessecolombo/files/2014/04/HousingPrices.png

http://blogs-images.forbes.com/jessecolombo/files/2014/04/OverseasDebt.png
teddybear
02-07-14, 22:01
London home prices still going up right?
1 thing for sure, Singapore sure coming down.... Come down means bubble burst already loh........... :beats-me-man:


The most striking number was for London, where house prices in the three months to June were 25.8 per cent higher than a year earlier - an annual increase not seen since 1987. "The price of a typical property in London reached the 400,000 pound (US$681,000) mark for the first time, with prices in the capital now around 30 percent above their 2007 highs and more than twice the level prevailing in the rest of the UK," said Nationwide's chief economist Robert Gardner.

Bubble, what bubble?:tongue3:
kane
02-07-14, 22:26
Burst then you can buy more ma. Just a matter of time.
star
02-07-14, 23:35
U all know why london property rises so much? It is because londoners are property lovers and they like property asset appreciation. Unlike singaporeans cry mother, father and complain govt price too high.
Its true go read about it.
stl67
03-07-14, 10:38
Burst then you can buy more ma. Just a matter of time.

ABSD quite siong leh... really cannot stomach paying extra ABSD.. my kids are still young otherwise will use their name like my friends.:D
minority
03-07-14, 11:31
UK need TDSR. and ABSD.

UK folks can go blame the QE in europe and US and China.