Crash Crash Crash !!!!!!!!!!!!!!!!!!!!!!!!!!!

Really2

blisk3 wrote: »

Let's just sort out the muppets. :money:

Average House Price according to Nationwide


..... Jan .....Nov......Dec
2010 £163,481 £163,398 £162,763
2009 xxxxxxxx £162,764 £162,103

blisk3 wrote: »

I haven't mentioned specific house prices.

I think we already sorted that out earlier the muppets you, you were using a YoY graph trend being down, not prices.

Heyman_2

Seriously, why are you lot bothering with this clown?

System

Is there some kind of diploma you have to take to be a "bear", whereby you have to show a complete misunderstanding of a YoY graph to get a pass?

Really2

Heyman wrote: »

Seriously, why are you lot bothering with this clown?

It's a good point and one I shall action.

blisk3

Really2 wrote: »

It's a good point and one I shall action.

You're just a bad loser.

Cheer up, it may never happen. :rotfl:

morganslv

pwllbwdr wrote: »

Muppets eh?

The prices are indeed similar to those a year ago. Which is why the year on year change figure is close to zero. Which is surprisingly close to what I said.

But you said "We're crossing the 0% line going down, equivalent to Mar/Apr 2008."

In what relevant sense, Kermit, is this "equivalent" to Mar/Apr 2008.

What are the predictions for this time next year?

I say about the same as now so down in real terms.

blisk3

morganslv wrote: »

What are the predictions for this time next year?

I say about the same as now so down in real terms.

Slightly optimistic view, but what do people expect.

Turkeys don't vote for christmas.

Dip in mortgage demand predicted

John_Pierpoint

morganslv wrote: »

What are the predictions for this time next year?

I say about the same as now so down in real terms.

We did this about a fortnight ago on an annual thread that comes around about once a year.
The 2009 guesses were slightly pessimistic compared to "reality" and the 2010 guesses are a bit more pessimistic (-5% ish in that fiat currency GBP if I remember correctly).

Of course the analysis of a market is fairly meaningless, unless it includes an analysis/prediction of the turnover-volume.

Either our "home owning democracy" is changing radically or there is a huge pent up wall of transactions, that could go either way when the dam bursts.

sabretoothtigger

Heyman wrote: »

Seriously, why are you lot bothering with this clown?

I believe I have found an adequate visual explanation, on the internet everyone want to be a winner

the 2010 guesses are a bit more pessimistic (-5% ish in that fiat currency GBP if I remember correctly).

fiat have alot to answer for :mad:

blisk3

House prices continue to fall, as deluded sellers fight a losing battle & hold out for high boom prices.


House prices continue to fall, 1.3% in December

UK house prices have continued to slip, falling by 1.3% in December from the previous month, the Halifax has said.

The lender, part of Lloyds Banking Group, said it meant the average property ended the year 1.6% cheaper than at the beginning of 2010.

Halifax said it expected "limited movement in house prices during 2011" as interest rates were "likely to remain very low for some time".

It said that signs of a reluctance to sell from some homeowners could halt the decline in prices.

The average UK house price now stands at £162,435, Halifax said.