Property: March house prices rise by 1 per cent

Dan:_4

You do realise this is 16 years old?

the_ash_and_the_oak

Dan: wrote: »

You do realise this is 16 years old?

the clue is in the emoticon btw

lostinrates

oops. ROFLMAO

tomterm8

Nope. That's what comes from not reading the article. And I do seem to remember that last months house price fall was 2%. And the most recent prediction was for a fall larger than that.

tomterm8

For a more recent article, http://www.independent.co.uk/news/business/news/housing-market-fall-shows-signs-of-slowing-1657152.html

looks like lostinrates was right to predict a slowdown but not a rise

independant wrote:

the Hometrack survey of estate agents, which is also published today, will reveal house prices fell just 0.6 per cent in March – the slowest rate of decline since last spring. Over the past year, prices have fallen just over 10 per cent.

ad9898_3

I now know who Dithering Dad is, Tommy Cooper isn't dead, DD is his socky.;)

Really2

the_ash_and_the_oak wrote: »

the clue is in the emoticon btw

I see now.:rotfl:

Cannon_Fodder

this IS 1993 news...naughty DD.


though not a bad thing to remind people that there were +ves amongst the -ves during the previous crash.

although, having started in 1989, its a bit premature to hope we are at the 1993 equivalent quite so quickly;

http://www.allagents.co.uk/house-prices-adjusted/

more like around 1991, waiting patiently for 1995/6..

(subject to area/region, etc, calls may be recorded, shares may go down, down then maybe up for a while etc)

unfortunately Land Registry's nice easy graph creator, does not go back before 1995; so this doesn't quite cover the period in question, but gives an indication of the fluid prices over the later stages of the last crash;

[IMG]http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?g=1&gt=1&a=E&W-ALL&s=01 January 1995&e=01 December 1996&t=1[/IMG]

TDS_2

mitchaa wrote: »

I wonder how the independent got hold of the figures pre release?

Good news though, will give the bears sore heads

lol

sore head?!

Graham_Devon

Dithering_Dad wrote: »

Interesting article from the Independant:

http://www.independent.co.uk/life-style/house-and-home/property-march-house-prices-rise-by-1-per-cent-1453087.html

"ON CUE with the arrival of spring, and the surge in interest that the season traditionally generates, the Nationwide building society reports a 1 per cent rise in house prices for March. This coincides with reports by estate agents around the country of increased activity and shows that, following a similar rise in January and a 1.4 per cent fall in February, the big slide has practically stopped."

Article continues...

Huh, what?

I don't get it, it's an article from 1993? Is this optimism in a new guise?

EDIT: Sorry, see people have already picked up on it, must remember to read the thread first!!

var articleheadline = "Property: March house prices rise by 1 per cent "; Property: March house prices rise by 1 per cent

DAVID LAWSON

Saturday, 3 April 1993