Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

***House prices up 1.2% in May***

1212224262732

Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If were naming those who are thread wreckers and contribute nothing but the same old sound bites, the list would look something like this:

    Downey
    Neopleon
    FatPig
    FoxtonsRIP
    robin banks
    Dervish

    Wookie - I have not inlcuded you, even though you tend to get on my nerves a bit (like right now for example) you do make some useful contributions every now and then, unlike the above.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Goodness: if only these differences could always be approached like this :)

    but the differences can only be addressed if both people want to - unfortunately this is very rarely the case with people on here
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    Wookster wrote: »
    I normally agree with everything you say as well however, the people on that list are all wreckers. They cannot have a sensible conversation at all, in my experience anyways.

    Well you're right about part of it.
    I've never had a sensible conversation with you.
    But (IMO) that is because you don't like me putting across different views to yourself. Too often you interpret the challenge to be a personal sleight or over-react to a cheap dig and then lose it.... yet you seem to be able, and expect to be allowed, to dish it out!
    Hypocritical IMO.

    :rolleyes:
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    "House Prices Level After 20 Months Of Falls

    House prices were unchanged in May for the first time in 20 months, further supporting claims that the housing market is beginning to stabilise.

    Housing market analysis group Hometrack said the average cost of a home in England and Wales stayed the same from April to May at £155,600. Only 13% of postcode districts reported price falls, compared with 58% in January, the company said.

    It was the first time in 20 months the survey had not registered a month-on-month decline in prices."

    Fill your boots, this one's going to the moon!(*)

    (*) 'going to the moon' includes the possibility of dropping another 50%
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 1 June 2009 at 10:27AM
    Wookster wrote: »
    I normally agree with everything you say as well however, the people on that list are all wreckers. They cannot have a sensible conversation at all, in my experience anyways.

    !!!!!!, Wookie have I upset you icon7.gif
    Oh BTW I do not have a BTL.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    chucky wrote: »
    but the differences can only be addressed if both people want to - unfortunately this is very rarely the case with people on here

    I agree: but if the other side doesn't care to resolve things, surely a viable alternative is to ignore the baiting comments/things that are disagreeable rather than henpeck back and make disparaging remarks?

    Anyway, I was tryin to express gratitude for this way of dealing with things: as what has been happening is vile, sees fewer and fewer people contributing to the discussion nd makes for a poorer environment for all.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    amcluesent wrote: »
    "House Prices Level After 20 Months Of Falls

    House prices were unchanged in May for the first time in 20 months, further supporting claims that the housing market is beginning to stabilise.

    Housing market analysis group Hometrack said the average cost of a home in England and Wales stayed the same from April to May at £155,600. Only 13% of postcode districts reported price falls, compared with 58% in January, the company said.

    It was the first time in 20 months the survey had not registered a month-on-month decline in prices."

    Fill your boots, this one's going to the moon!(*)

    (*) 'going to the moon' includes the possibility of dropping another 50%


    Hometrack said the steadiness in the average price, which stayed at £155,600, was caused by a rise in sales and a shortage of supply. It said the number of buyers registering with estate agents was up 21% in the three months to May while the number of new properties on the market only increased by 2.5%.

    Looks like the market is being flooded with properties for sale icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 1 June 2009 at 10:41AM
    StevieJ wrote: »
    Hometrack said the steadiness in the average price, which stayed at £155,600, was caused by a rise in sales and a shortage of supply. It said the number of buyers registering with estate agents was up 21% in the three months to May while the number of new properties on the market only increased by 2.5%.

    Looks like the market is being flooded with properties for sale icon7.gif

    How do you get the cause being shortage of supply looking like the market is being flooded with properties?! :confused:

    People are clinging on at the moment. I know two people who had their hous eon the market and have now taken it off the market until "it rises next year" :rolleyes:

    One of these people had their house valued triple what they paid for it just 6 years previous, but was disgusted to think they may have to lower their profits. So they are now not selling.

    Personally I think this is rife across the country, people holding onto their equity, waiting for prices to go up again...hence lack of properties on the market.

    Starting to notice some good houses round my way though, may be time to start actually thinking of moving sometime next year, although I didnt plan too. Generally the ones shifting on property bee have had 30% wiped off their initial asking price....obviously don't know the actual selling price.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    StevieJ wrote: »
    Hometrack said the steadiness in the average price, which stayed at £155,600, was caused by a rise in sales and a shortage of supply. It said the number of buyers registering with estate agents was up 21% in the three months to May while the number of new properties on the market only increased by 2.5%.

    Looks like the market is being flooded with properties for sale icon7.gif

    To be fair, these percentages mean nothing without know what they are a percentage of.

    21% more buyers could actually be less than 2.5% more properties.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wookster wrote: »
    Yes, there is a collective of wreckers, none of whom want a serious discussion, and whom are only interested in trolling/ talking about how well their BTLs/ other investments are doing. They are:

    StevieJ
    Chucky
    Topov
    Ess0two
    DitheringDad
    Dervish
    Dan:
    Pickles
    Edit: add to the list
    Jonnybravo
    M.Broderick
    !!!!!!
    Wookie
    CarolT

    All trolls with nothing to offer.


    Edited:T..........
    Official MR B fan club,dont go............................
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.