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Debate House Prices
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House prices fall 1.8% in feb
formulaonefan
Posts: 357 Forumite
House prices have fallen 1.8% according to nationwide.
http://news.bbc.co.uk/1/hi/business/7911735.stm
I wonder what halifax are going to report this time. Last month they said house prices rose by 1%. Lets see.
http://news.bbc.co.uk/1/hi/business/7911735.stm
I wonder what halifax are going to report this time. Last month they said house prices rose by 1%. Lets see.
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Comments
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Halifax added that "curiosity" in the market was growing.
Huzzah!Hello.0 -
formulaonefan wrote: »I wonder what halifax are going to report this time. Last month they said house prices rose by 1%. Lets see.
Might I suggest that the Halifax is owned by the government now, and seeing as we know how much they fiddle the figures, it's not improbable that they did it here, to try and engineer a recovery. I wouldn't put it past them, oh how I bet they wish they had a stake in Nationwide too.:rolleyes:0 -
Might I suggest that the Halifax is owned by the government now, and seeing as we know how much they fiddle the figures, it's not improbable that they did it here, to try and engineer a recovery, I wouldn't put it past them, oh how I bet they wish they had a stake in Nationwide too.:rolleyes:
My guess is they wouldn't fiddle the figures. As much as anything else, they would have their credibility destroyed. The embarrassment would be incredible.0 -
Good of them to rush the figures out before February is even finished.0
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If you look closely, the green shoots of the housing market are just visible
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poppy100 -
Full press release here:
http://www.nationwide.co.uk/hpi/historical/Feb_2009.pdf
Prices now down £38.5k from the peak in October 07 - a 20.55% decline.poppy100 -
Where is Dan ??
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Prices back to April 2004.
Anyone who bought a house in the last 5 years has lost money.[FONT=Arial, Helvetica, sans-serif]Rise like Lions after slumber
In unvanquishable number -
Shake your chains to earth like dew
Which in sleep had fallen on you -
Ye are many - they are few.[/FONT]0
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