Halifax +2.6 % MoM

IveSeenTheLight

Heyman wrote: »

I'll only be convinced that something is actually going on when we get at least 3 months of positive MoM figures.

Nominally, Nationwide has shown three months in a row rises although their seasonally adjusted index has only reported two months in a row

Better to wait a few months and see the LR figures though

Dan:_4

Heyman wrote: »

True, but I haven't seen her around much on her recently and this thread only got posted about an hour ago!

She is around somewhere today! She posted on the -1% prediction thread just before 9.

Really2

chucky wrote: »

i've always thought this but i'm starting to think that unemployment isn't as an important factor here.

until we see massive drops in retail sales etc... i don't think unemployment is one of the biggest drivers of house prices.

i know historically it has but it doesn't seem to be the case - maybe home owners aren't being impacted as others. just my opinion by the way

I think their as been a lot of denial about supply and overcrowding in the UK . Yes their may be unused propertys but it is where they are not just the fact they are there.

Some areas are overcrowded/desirable and it will always mean they will be demand driven pricing.

Graham_Devon

Actually, I suppose when you look at this, it makes absolutely perfect sense. It follows the pattern perfectly.



I know it's been posted a lot of times, but so far, this graph has been nothing but accurate. And now, we seem to be following it yet again, with a massive surge in a bull trap.

Just as I cannot deny or write anything to bring down the positive 2.6% figure, I doubt anyone can deny we are following the path of that graph very closely.

Dan:_4

This has ben great for FTBers. 20% down from peak and cheap, cheap mortgages - what more could you have asked for?

Heyman_2

Dan: wrote: »

This has ben great for FTBers. 20% down from peak and cheap, cheap mortgages - what more could you have asked for?

70% down? (macaque)

Graham_Devon

Dan: wrote: »

This has ben great for FTBers. 20% down from peak and cheap, cheap mortgages - what more could you have asked for?

Houses being affordable on normal wages, I guess.

I know it's a bit much to ask and all that, but kinda something that would help if people could actually buy a house on 3.5x their actual earnings, not some average wage figure of 35k for a bloke, which is actually pretty close to higher earner teritory, funnily enough.

Really2

Graham_Devon wrote: »

Actually, I suppose when you look at this, it makes absolutely perfect sense. It follows the pattern perfectly.



I know it's been posted a lot of times, but so far, this graph has been nothing but accurate. And now, we seem to be following it yet again, with a massive surge in a bull trap.

Just as I cannot deny or write anything to bring down the positive 2.6% figure, I doubt anyone can deny we are following the path of that graph very closely.

I take it you know that graph is realy based on the greiving process and as no financial sway what so ever?

over lap it on oil prices or any other asset and you will se it is mainly B0!!ox

PasturesNew

Dan: wrote: »

This has ben great for FTBers. 20% down from peak and cheap, cheap mortgages - what more could you have asked for?

A job?
That's what I am waiting for.

Dan:_4

Heyman wrote: »

70% down? (macaque)

There are always the greedy ones around.