We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
MSE News: Halifax - House price falls stabilise
Options
Former_MSE_Guy
Posts: 1,650 Forumite
This is the discussion thread for the following MSE News Story:
"Typical values edged 0.1% higher during March, but still fell by 0.6% over the past quarter, according to the lender ..."
"Typical values edged 0.1% higher during March, but still fell by 0.6% over the past quarter, according to the lender ..."
Read the full story:
Halifax: House price falls stabilise
This thread is not in the 'discuss house prices and economy board' as that is only open to those logged into the forum so anyone coming from the news story may not be able to see it.
Halifax: House price falls stabilise
This thread is not in the 'discuss house prices and economy board' as that is only open to those logged into the forum so anyone coming from the news story may not be able to see it.
0
Comments
-
A lot of people aren't going to like this....0
-
Nah, we recognise the trend, not individual months/quarters. And the trend is dooooooowwwwwwwwn....
Now come on BOE, do the decent thing and raise the base rate! I want some good interest on my savings....
Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
eBay sales - £4,559.89 Cashback - £2,309.730 -
You can't read anything into a 0.1% rise in a background of falling prices, particularly as the validity of the Halifax index has been called into question:Ray Boulger, senior technical manager at John Charcol, said the Halifax index was not in accord with other indexes.
He said: "What Halifax announce is a seasonally adjusted figure but Nationwide quotes the actual figures.
"It is interesting how much the Nationwide and Halifax indexes have been diverging over the past year.
"The Halifax index has been very volatile and I think the Nationwide index is significantly more reliable."0 -
Worst annual fall since October 2009! Nearly -3% per year now.
Glad my money is not in property. After inflation that's a real drop of 6.3% per year. Makes my 3.2% ISA look great
no point buying now, just wait and save. Debt Is Slavery.0 -
House price falls stabilise?
Really after just having one increase of 0.1%??? If the pattern continues for a few months, maybe it will be true. Produce news like MSE should, not like the daily mail!"No likey no need to hit thanks button!":pHowever its always nice to be thanked if you feel mine and other people's posts here offer great advice:D So hit the button if you likey:rotfl:0 -
And im sure he has no vested interest and is completely impartialYou can't read anything into a 0.1% rise in a background of falling prices, particularly as the validity of the Halifax index has been called into question:0 -
Wouldn't it be good if we had a board where we could debate house prices and the economy and post articles like this?What goes around - comes around0
-
Here in the south of england, house prices seem to be going higher compared to this time last year.
My gut feeling is that prices will remain stable over the next few years with the south and london showing 3%-5% increases from 2013
I also doubt whether the BOE will raise interest rates anytime soon, as the governmant has a vested interest at paying back debt at the lowest possible rate and does not wish families with mortgages squeezed any more.0 -
NPowerUser wrote: »Here in the south of england, house prices seem to be going higher compared to this time last year.
My gut feeling is that prices will remain stable over the next few years with the south and london showing 3%-5% increases from 2013
I also doubt whether the BOE will raise interest rates anytime soon, as the governmant has a vested interest at paying back debt at the lowest possible rate and does not wish families with mortgages squeezed any more.
Squeezed by interest rate rises or squeezed by high inflation, what's the difference? Only the indebted get squeezed by interest rates everyone gets squeezed by inflation!Debt Is Slavery.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards