2011 Property Market - will it be a good time to buy?

So what does 2011 have in store for UK house prices? Well that is the ultimate question we all want the answer to.  Will 2011 be a good time to buy? Looking at the various major House Price Indices (Halifax, Nationwide, Rightmove, DCLG and Land Registry), then across the board it’s clear we are pretty much back to prices from this time last year, approximately 2.5% below the highs seen during the year. Yet we are still well above the lows we reached in 2009, an average of 9% above The general consensus from the key HPI organisations seems to be a fairly flat market, with some downward pressure due to the uncertainty with the economy and thelength of time taken to sell properties, meaning more discounts available. It also seems that investors are willing to wait longer to snap up good deals. The general view is that interest rates...
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Government figures show 6.1% increase in house prices over the year.

The DCLG (Department of Communities and Local Government) has released its September House price Index showing house prices are up 6.1% since the same time in 2009. However over the month they are down -0.8%.
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Government HPI Flat but positive for August

The government HPI statistics from the Department for Communities and Local Government (DCLG) has just been released for August – always later than the other major HPI statistics. Although overall the Index shows a downward trend of house prices, it reports a 0.7% increase on July. Over the year this represents an 8.3% growth on August 2009. Regionally the figures are: England (9.3 per cent) Scotland (0.4 per cent) Wales (9.0 per cent) Northern Ireland (-18.8 per cent): For more information visit: http://www.communities.gov.uk/publications/corporate/statistics/hpi082010 Please share this news item via Share and Enjoy and please do leave a comment on what you think - we always love to hear your thoughts.
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Government HPI figures: -0.3% lower than June 2010

The Department of Communities and Local Government (DCLG) HPI reports UK house prices were 8.4 per cent higher than in July 2009 but 0.3 per cent lower than in June 2010 (seasonally adjusted).
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DCLG Index reports static house prices for June

The Department of Communities and Local Government (DCLG) is the last of the main House Price Indices to be announced and their June HPI shows static prices with a 0% change between May and June 2010.
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Government May HPI figures report 11% increase from May 09

The governments own House Price Index figures from the Department of Communities and Local Government (DCLG) has reported an increase of 11% from May 09 to May 10.
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DCLG: ‘Official’ April house prices up 10.1%

The Department of Communities and Local Government (DCLG) today reported at 10.1% annual increase in its House Price Index for April 2010
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Government HPI: up 9.7% since March 2009

The Government House Price Index for March 2010 from the Department of Communities and Local Government (DCLG) was released to today showing a 9.7% increase year on year and a 0.7% monthly increase against February 2010.
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DCLG: HPI Up 7.4% since Feberuary 2009

The Department of Communities and Local Government (DCLG) statistics showed that in February 2010 UK house prices were 7.4% higher than in February 2009 and -0.1% lower than in January 2010.
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DCLG: Final HPI for January inline with other releases – up 6.6%

DCLG (Department for Communities and Local Government) is the last of the House Price Index figures to be released and its HPI for January 2010 shows house prices where 6.2% higher than January 2009 and 2.2% higher than December 2009.
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Government figures show 0.8% rise in December, 2.9% over the year.

The Department for Communities and Local Government (DCLG) latest House Price Index (HPI) figures show that in December 09 UK House prices where up 0.8% on November 09 and 2.9% up from December 2009.
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DLCG HPI: official figures show return to last years prices

The DCLG House Price Index (HPI) released today for November 2009 show house prices where 0.6% higher than November 2008.
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DCLG House Price Index (HPI) Oct 09 shows 0.5% increase on Sept 09

The Department of Communities and Local Government’s (DCLG) latest House Price Index shows that it’s according to it’s statistics released today, UK house prices were 0.5% higher in October 2009 than in September 2009. However the year on year comparison for UK house prices shows -2.2% lower than October 2008, although in Scotland they rose by 0.7%. Read more at www.communities.gov.uk/publications/corporate/statistics/hpi102009
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DCLG House Price Index (Sep) up 1.2%

The Department for Communities and Local Government (DCLG) house price index for September shows that UK house prices were up 1.2% compared to August 2009, although down 4.1% compares to a year ago (Sept 2008). DCLG statistics go on to show that UK house prices rose by 3.1 per cent in the quarter ending September 2009. This compares with a smaller rise of 0.3 per cent for the quarter ending June 2009 (seasonally adjusted). DCLG statistics are currently very similar to the Halifax HPI. Read more on the DCLG website www.communities.gov.uk
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DCLG House Price Index down 5.6% from August 2008

The Department for Communities and Local Government (DCLG) House Price Index has shown that UK House prices were 5.6% lower than in a year ago, in August 2008. Although the statistics show that UK house prices rose by 2.6% in the last quarter, the annual average house prices fell across the UK. – Read the DCLG Announcment
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