Debate House Prices


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Arrived: Halifax figures for July!

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  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    mewbie wrote: »
    For the last year or two I have eagerly awaited these figures, and watched carefully for signs the madness was over. Now it's a great feeling that I really don't care what they say, what the figures show, what spin anyone tries to put on it.

    House prices are returning to normality, despite the best efforts of the VI's. End of...

    :j :T :beer: _party_ :hello: :whistle:

    Don't be too sure big boy...
  • keeprenting
    keeprenting Posts: 71 Forumite
    mr.broderick wrote: »
    Don't be too sure big boy...

    How will you react when your prediction of +0.4% turns out to be completely wrong? You definitely won't be within 1% and will probably be about 2% out.

    I think it's time to take your head out of the sand. :)
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Generali wrote: »
    Nurse! He's been at those funny pills again!

    I think the opposite - he's not been taking them...
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    well, it seems that the figures will be out today... So, I guessed right!!! I thought they will issue them the same day as MPC is due to announce the interest rates. Just to give them something to think about at the last minute. While they have they coffee and biscuit. Mind you, they may need something stronger than coffee after they see the numbers!!!
    Spring into Spring 2015 - 0.7/12lb
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    Ok, so the news:
    Halifax -1.7% MoM
    Spring into Spring 2015 - 0.7/12lb
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    Does it make something like -11% YoY?????

    Edit: on the positive note, from the report:
    The UK average price is more than one-third higher (34%) than five years ago.
    Spring into Spring 2015 - 0.7/12lb
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Any chance of a link please?

    Dopester wins! :D

    MR B is spot on the money (again)
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    Here you go. Report:

    Halifax HPI July 2008
    Spring into Spring 2015 - 0.7/12lb
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Thankyou!

    This springs out at first glance
    "A solid labour market, low interest rates and a shortage of new houses continue to support the market. "
    Mmmm shortage of new houses, I thought they couldn't sell the ones they had?
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    It is a comedy read! They can't actually say anymore that house prices are higher than 2 years ago and to stop changing their story so soon again the went with 'house prices are 1/3 higher than 5(!!!) years ago". So then they can just change 1/3 to 1/4, 1/5, 1/6, etc...
    Spring into Spring 2015 - 0.7/12lb
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