Halifax: House prices down -2.3% MoM, 17.7% YoY, 19.68% from peak.

mitchaa

ad44downey wrote: »

A 2.3% CRASH in a single month, that's mammoth. it's even better than expected.

House prices, the word is

Timber!!

But yet they are still higher than they were 2 months ago back in December.

Facts are facts:p

stevetodd

mbga9pgf wrote: »

It doesnt get around the fact that the overal trend is down, hard, and the recession hasnt even bitten hard yet.

How come someone who is desperate is going to buy at least 3 houses, yet you who I assume would class yourself as not desperate is only going to buy one, I'm confused, please clarify.

StevieJ

mitchaa wrote: »

But yet they are still higher than they were 2 months ago back in December.

Facts are facts:p

Mich, start a thread on how house prices have increased this year, you might wish to add that the govt are thinking of bringing back MIRAS financed by an increase in tax on savings

Cannon_Fodder

mitchaa wrote: »

Let's put this into perspective before we get carried away with ourselves here...

You are not far off being right, but instead of using wherever those figures come from, why don't you use the real Halifax numbers from;

http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp

Really2

Cannon_Fodder wrote: »

You are not far off being right, but instead of using wherever those figures come from, why don't you use the real Halifax numbers from;

http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp

It still shows a SA peak Q3 07 of £199,766

Cannon_Fodder

mitchaa wrote: »

But yet they are still higher than they were 2 months ago back in December.

Facts are facts:p

Use their own figures...

Dec 08 160,861
Feb 09 160,327

Feb 2008

631.0 194,953 -0.7 4.2 5.56 ar

620.1 191,590 -1.7 1.1 5.46Apr

610.7 188,704 -1.5 -0.9 5.37May

595.5 183,984 -2.5 -3.8 5.22 Jun

583.9 180,417 -1.9 -6.1 5.10

July574.2 177,421 -1.7 -8.8 5.00

Aug564.1 174,293 -1.8 -10.9 4.90 Sep

556.8 172,027 -1.3 -12.4 4.82

Oct543.5 167,934 -2.4 -13.7 4.69

Nov 529.0 163,458 -2.7 -14.9 4.57

Dec 520.6 160,861 -1.6 -16.2 4.48

Jan 2009531.2 164,126 2.0 -17.2 4.55e

Feb518.9 160,327 -2.3 -17.7 4.42e

(damn tables)

http://www.lloydsbankinggroup.com/media/word/HousePriceIndexFebruary2009.doc
(fixed link)

Really2

Cannon_Fodder wrote: »

Use their own figures...


http://www.lloydsbankinggroup.com/media1/research/HousePriceIndexFebruary2009.doc

Sorry I was looking at the wrong point.

mitchaa

But i am using their own figures..

http://www.hbosplc.com/economy/includes/02_01_09HousePriceIndexDecember2008.pdf

Clearly shows £159,896:p

lethal0r

how is everyone enjoying the same argument you had last month? and the month before? and the month before....

Cannon_Fodder

Really2 wrote: »

It still shows a SA peak Q3 07 of £199,766

In which document?

I was looking at http://www.lloydsbankinggroup.com/me...bruary2009.doc for latest month.