Halifax -1.9% MoM, -17.5% YoY -21.3% from peak.

ad9898_3

Surprised this hasn't been posted yet, Halifax index down -1.9%

http://www.forexfactory.com/calendar.php?do=geteventinfo&day=2009-4-3&c=2

mitchaa

It's a conspiracy i tell you

1 up, 1 down, whatever next.

Really2

ad9898 wrote: »

Surprised this hasn't been posted yet, Halifax index down -1.9%

http://www.forexfactory.com/calendar.php?do=geteventinfo&day=2009-4-3&c=2

It's just a blip.:D

(quick close the site for maintainance.):rotfl:

But as I said as long as volumes are increasing I am not realy that fussed. How much is that from peak now?

ad9898_3

mitchaa wrote: »

It's a conspiracy i tell you

1 up, 1 down, whatever next.

Does anyone know if those 38000 mortgage approvals are all FTB'rs or if they include remortgages as well, I've been looking on Righmove recently, and nothing is selling, in the last 3 months 24 houses have sold, which is the lowest I have seen since I started monitering it.

ad9898_3

Really2 wrote: »

It's just a blip.:D

(quick close the site for maintainance.):rotfl:

But as I said as long as volumes are increasing I am not realy that fussed. How much is that from peak now?

21.3%, I think it may have breached StevieJ's 20% down barrier.:D

ad44downey

ad9898 wrote: »

Surprised this hasn't been posted yet, Halifax index down -1.9%

http://www.forexfactory.com/calendar.php?do=geteventinfo&day=2009-4-3&c=2

Wait for it....it's coming now..........

TIMBER!!!!!!!!!!!

StevieJ

Commenting, Martin Ellis, housing economist, said:

"The average UK house price declined by 1.9% in March. House prices in the first quarter of 2009 were 2.7% lower than in the previous quarter, which was smaller than the 5-6% falls recorded in each of the three previous quarters.

The house price to earnings ratio – a key measure of housing affordability – is at its lowest level since early 2003 at 4.34. The recent cuts in interest rates have also reduced the amount that the average existing mortgage borrower is devoting to mortgage repayments from a peak of 26.9% of household income in October 2008 to 22.6% in February 2009. :beer:

lostinrates

So different....why?

Really2

ad9898 wrote: »

21.3%, I think it may have breached StevieJ's 20% down barrier.:D

That give me another 5.7% before I lose some equity in this crash (on paper) and 38% before NE.

It looks like I will be a HPC surviver.

I still think my 30% prediciton could hold though I think 35-40% could be max now.

I best laeve the bord now and find a story about a bunny being rescued so the bulls can celebrat again:)

Really2

lostinrates wrote: »

So different....why?

They just use a blindfold and a pin. (I presume it could be locality of loans or just timing differences as halifax as shown an up this year.)

ad44downey

House price recovery CANCELLED.

House prices CRUMBLE 1.9% in March

UK house prices PLUMMET by 1.9% in March compared with the previous month, according to the Halifax.

http://news.bbc.co.uk/1/hi/business/7980813.stm