Debate House Prices


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MSE News: Halifax - House prices rebound after fall

Former_MSE_Natasha
Former_MSE_Natasha Posts: 672 Forumite
This is the discussion thread for the following MSE News Story:

"House prices rose in March after suffering their first drop in eight months in February, figures show today ..."

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These threads have been merged to avoid duplication. Thanks to Really2 for the original post.
«13456

Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 8 April 2010 at 9:08AM
    As above. Bit over forecast (0.6% was forecast)

    http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Really2 wrote: »
    As above. Bit over forecast (0.6% was forecast)

    http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp

    Snow gone.

    Hello spring.
    If I don't reply to your post,
    you're probably on my ignore list.
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    Really2 wrote: »
    As above. Bit over forecast (0.6% was forecast)

    http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp

    APRIL FOO.. Oh, that was another thread....;)
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    I predicted peak 2007 peak prices by autumn this year. London and some SE regions are probably already there, but how close is the national index?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    This won't do at all.

    Don't you know buyers are meant to be put of by the impending General election thus driving prices down?

    On the other hand, the 21st of March has now been and gone and I'm sure that was meant to be relevant too...

    It's all too confusing!
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    edited 8 April 2010 at 9:45AM
    Sky News leading with this strongly, after prices "suffered" last month. This could boost Labour's election hopes even further.

    I think the bears need to learn that nothing has changed. The media will continue to report HPI as cause for celebration. The public will continue to lap it up. The upward price movements will continue to feed into upward movement. And Labour or Tory, both will intervene if prices slip after the election.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    but what about the election - surely that alone will force down prices 60%
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 8 April 2010 at 2:19PM
    Up more in one single month than most peoples pay rise in the entire year at the moment.

    Stamp duty savings wiped out within a single month.

    Some more people unable to save simply their deposit at the rate of HPI, whereby they save each month, but the deposit becomes less of a percentage required each month.

    Good for some, bad for some. But theres some serious issues being built up again at the moment.

    Turnbull2000 is correct. It's just a shame that we are steering smack bang into an even bigger disaster, while trying to tune the engine to make it go faster and faster.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    :beer:

    ...........
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    It's just a shame that we are steering smack bang into an even bigger disaster, while trying to tune the engine to make it go faster and faster.
    then it's a good time to start preparing to take advantage of those situations ahead instead of complaining about it on a forum :eek:
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