Debate House Prices
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MSE News: Nationwide: strong house price growth in January

Former_MSE_Natasha
Former_MSE_Natasha Posts: 672 Forumite
edited 29 January 2010 at 10:25AM in Debate House Prices & the Economy
This is the discussion thread for the following MSE News Story:

"House prices started the year on a strong footing, rising by 1.2% during January, figures show today ..."
Read the full story:
Nationwide: strong house price growth in January
OfficialStamp.gif

These threads have been merged to avoid duplication. Thanks to Treadmill for the original post.
«134567…10

Comments

  • Treadmill
    Treadmill Posts: 1,102 Forumite
    Well Well Well
  • mystic_trev
    mystic_trev Posts: 5,434
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    http://www.nationwide.co.uk/hpi/historical/Jan_2010.pdf
  • Dan:_4
    Dan:_4 Posts: 3,795
    Part of the Furniture 1,000 Posts Combo Breaker
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    What happened to the long, cold winter months of siginificant falls that the 'bear's spouted about all summer?

    1.2% for a January is massive. Anyone expecting house prices to fall below the bottom of Feb 09 are completely deluded.

    You can't beat a bad 'bear' day!
  • doire_2
    doire_2 Posts: 2,280
    Part of the Furniture 1,000 Posts Combo Breaker
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    I look forward to the figures when Liebour stops doing all they can to prop up a housing market with money they haven't got. :beer:
  • System
    System Posts: 178,491
    10,000 Posts Photogenic Name Dropper
    Community Admin
    edited 29 January 2010 at 8:47AM
    "Unless there is a fall in property values in February, annual house price inflation is likely to move into double-digit territory next month for the first time since May 2007. "

    Who's going to be apologising to Hamish in his "double digit HPI ahead" thread if this happens then?
    http://forums.moneysavingexpert.com/showthread.html?t=2114467

    Rough maths, a 0.8% drop will still lead to double figure YoY figure.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Really2
    Really2 Posts: 12,397
    10,000 Posts Combo Breaker
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    Land Registry out later also.
  • Jonbvn
    Jonbvn Posts: 5,562
    Part of the Furniture 1,000 Posts
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    Dan: wrote: »
    What happened to the long, cold winter months of siginificant falls that the 'bear's spouted about all summer?

    1.2% for a January is massive. Anyone expecting house prices to fall below the bottom of Feb 09 are completely deluded.

    You can't beat a bad 'bear' day!

    Dan:

    You need to update your signature!:cool:
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • mr_fishbulb
    mr_fishbulb Posts: 5,224
    Part of the Furniture Combo Breaker
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    Dan: wrote: »
    What happened to the long, cold winter months of siginificant falls that the 'bear's spouted about all summer?
    To be fair, bulls are bears alike were predicting at least some drops over Christmas.
  • Batchy
    Batchy Posts: 1,632 Forumite
    mr_fishbulb wrote: »
    To be fair, bulls are bears alike were predicting at least some drops over Christmas.

    Makes the figures ... REALLY believeable then hey! must be the excess of GDP over expectations that did it!

    Oh I mean, as long as houseprices are going up or the stats are pointing that way, then everythings ok then?
    Nothing to worry about?
    you have no worrys?
    You are lucky!
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    Final proof that all the numbers are fudged and clearly made up.
    Please take the time to have a look around my Daughter's website www.daisypalmertrust.co.uk
    (MSE Andrea says ok!)
This discussion has been closed.
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