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Debate House Prices
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Latest House Prices Statistical Release
Comments
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According to halifax, house prices have increased so far in 2009
I thought we had covered this...
ct
Index 520.6 in December, 518.9 in February.
Price £160,861 in December, £160,327 in February.
Ok, Jan was a unexpected +ve, but don't let it cloud the facts.
The figures get revised, you have to look at the latest PDF not keep each one as though it is set in stone...
http://www.lloydsbankinggroup.com/media/pdfs/halifax/HousePriceIndexFebruary2009.pdf0 -
Wishful thinking Graham.
According to halifax, house prices have increased so far in 2009:p
Facts speak for themselves aswell, 19% in 18mths (halifax) is an average rate of just over 1% per month.
The LR is only down 16.7% but is obviously lagging a month.
Im sure there will be a few threads posted last year that would be claiming 30-40% down by now:D
Like i said wishful thinking.
Sorry, but this report isn't anything to do with Halifax, and I did say "this report".
May I add, Halifax have said nothing of the sort.0 -
Wishful thinking Graham.
According to halifax, house prices have increased so far in 2009:p
Facts speak for themselves aswell, 19% in 18mths (halifax) is an average rate of just over 1% per month.
The LR is only down 16.7% but is obviously lagging a month.
Im sure there will be a few threads posted last year that would be claiming 30-40% down by now:D
Like i said wishful thinking.
Do you honestly believe if you put your house on the market today you would make a profit?
I have relatives in aberdeenshire and according to them, houses aren't exactly selling like hot cakes.
Plus, I don't 'get' your signature, you don't make money from buying a house and sitting in it believing that prices are going up, you make money by selling for more than you paid.0 -
spinning_hamster_wheel wrote: »
Plus, I don't 'get' your signature, you don't make money from buying a house and sitting in it believing that prices are going up, you make money by selling for more than you paid.
I've got nothing against mitcha, but looking forward to seeing the sig saying "yes, I have lost money in this HPC".
Will probably just get deleted though. I couldn't take the humiliation!0 -
ad44downey wrote: »They should have been reading this forum then and then they would have known what was coming. A good advert for MSE[/quote
So this forum was active and predicting the fall in early 20070 -
Wishful thinking Graham.
According to halifax, house prices have increased so far in 2009:p
Facts speak for themselves aswell, 19% in 18mths (halifax) is an average rate of just over 1% per month.
The LR is only down 16.7% but is obviously lagging a month.
Im sure there will be a few threads posted last year that would be claiming 30-40% down by now:D
Like i said wishful thinking.
What's wishful thinking is you still believing that your house is worth more than you paid for it. Complete delusion.0 -
themanbearpig wrote: »What's wishful thinking is you still believing that your house is worth more than you paid for it. Complete delusion.
Along with a lot of other peoples mine is0 -
PMSL do you consult the internet/forums for every decision you make in life.
Which site or forum persuaded you to rent?
We were looking to buy in August 2007. As it was potentially the biggest purchase of our lives I decided to do a bit of research on the internet. This forum was one of the triggers for me to look deeper into the state of the economy and the artificial inflation of house prices.
The outcome? We didn't buy and have since been renting and building our deposit whilst watching house prices tumble.0 -
We were looking to buy in August 2007. As it was potentially the biggest purchase of our lives I decided to do a bit of research on the internet. This forum was one of the triggers for me to look deeper into the state of the economy and the artificial inflation of house prices.
The outcome? We didn't buy and have since been renting and building our deposit whilst watching house prices tumble.
Good for you.........seems others here have been renting for many years though.
You cant pour scorn on someone just because they decided to buy,as to what the OP original comment infered.Official MR B fan club,dont go............................0
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