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Debate House Prices
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[IGNORE - ERROR] Halifax: House prices down 2% in Feb, 17.8% YoY
poppy10_2
Posts: 6,597 Forumite
Halifax reports house prices fell 2% in February, after a surprise 1.7% rise in January. The annual rate of decrease jumped to -17.8%.
Last week Nationwide reported prices fell 1.8% in February, and 17.6% on the year.
Last week Nationwide reported prices fell 1.8% in February, and 17.6% on the year.
poppy10
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I'm setting up a handbag stall in this thread.
Handbags £10 a piece
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Halifax seems to have a lot more volatile figures (tho trend seems to be v. similar). Do the two companies calculate monthly figures differently?
Onwards and downwards...Hello.0 -
You lie! They went up last time!! That was the first green shoot of recovery so they must go up this month! House prices only ever go up!!11!!1

"One thing that is different, and has changed here, is the self-absorption, not just greed. Everybody is in a hurry now and there is a 'the rules don't apply to me' sort of thing." - Bill Bryson0 -
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-2% would have seemed so big last year. Our guesses used to be ambitious at -1.5--1.8%. It just seems an inevitable aside now.0
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Where is this story from?0
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Halifax reports house prices fell 2% in February, after a surprise 1.7% rise in January. The annual rate of decrease jumped to -17.8%.
Last week Nationwide reported prices fell 1.8% in February, and 17.6% on the year.
Surely you cannot post the above without the source in a link? Nothing being reported in the media, bbc, or the halifax websites
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So does everyone agree we will be falling about 2% a month for the next few years?0
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novazombie wrote: »So does everyone agree we will be falling about 2% a month for the next few years?
18% down in 18mths is on average 1% per month so no idea where you are getting 2% from
This thread is clearly a pi** take, with no factual evidence behind it? Strange why someone would waste their time like this without backing it up
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novazombie wrote: »So does everyone agree we will be falling about 2% a month for the next few years?
Next few years at 2% month! If you interpret a few years as say 3 years that would equate to about a further fall of 52%, I don't think so0
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