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Debate House Prices


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[IGNORE - ERROR] Halifax: House prices down 2% in Feb, 17.8% YoY

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Comments

  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    whathavewedone wrote: »
    Well not necessarily. We could have major falls for 6-9 months and then a flat market for a year or more. Who knows ?:confused:

    Well I guess so, but looking historically, 'L' shaped curves don't usually occur, it's normally fast, then starts to slow. When will the 'fast' bit end, who knows.
  • whathavewedone
    whathavewedone Posts: 902 Forumite
    It's never been anywhere near as fast as this though. The 1990s falls were painfully slow by comparison. I think we could end the year another 15% down with 2010 as flat as a pancake
  • Yoshua
    Yoshua Posts: 298 Forumite
    So what are the official figures for Feb?

    I cant find anywhere................

    I wouldnt be that surprised to see 2% down so 17.8% YoY.
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    Yoshua wrote: »
    So what are the official figures for Feb?

    I cant find anywhere................

    I wouldnt be that surprised to see 2% down so 17.8% YoY.

    The figures are out at 9am this morning. Will see what happens!
    Spring into Spring 2015 - 0.7/12lb
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    ginvzt wrote: »
    The figures are out at 9am this morning. Will see what happens!


    Dow a whopping 2.3%!!!!


    BOOM HEADSHOT!
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    A 2.3% CRASH in just one month. House prices are CRUMBLING bigstyle.
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
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