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Debate House Prices


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Halifax down 0.5% MoM, 15% YoY

24567…16

Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 8 July 2009 at 9:54AM
    http://www.lloydsbankinggroup.com/media/pdfs/halifax/HousePriceIndexJune2009.pdf

    the full report...

    volumes still low - approvals 10% higher than last year
    1.9% drop in 2nd Quarter

    no real surprises that affordability is improved
    Really2 wrote: »
    First 6 months of this year total fall is only 1.96%.

    I think my 10-15% fall was pessimistic.

    without doing the math i think it's a 3% or 4% drop since Jan i think :)

    but yes i don't think it will be a 10% drop this year.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Graham_Devon wrote: »
    Are we still going to be talking about february now?

    Just wondering, I like to get ahead of the game :D

    I would have thought the first 6 months of any year is January - June.
    the year does not start in February :confused:
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    chucky wrote: »
    http://www.lloydsbankinggroup.com/media/pdfs/halifax/HousePriceIndexJune2009.pdf

    the full report...

    volumes still low - approvals 10% higher than last year
    1.9% drop in 2nd Quarter

    no real surprises that affordability is improved



    without doing the math i think it's a 3% or 4% drop since Jan i think :)

    but yes i don't think it will be a 10% drop this year.

    I did it from Dec price (so we get the full 6 months of the year).

    £3148 (falls inc june) / £160861 (dec price) X100 = 1.96%:)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Do we have a pretty BBC graph yet.

    I'm interested to see just how far apart the Nationwide and Halifax now are. They seem to be getting further apart each month.
  • mitchaa
    mitchaa Posts: 4,487 Forumite
    To be expected after last months mammoth gains. I dont think anyone was thinking that they were going to show another rise.
  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    _46025837_house_prices_08_jul09.gif
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Really2 wrote: »
    I did it from Dec price (so we get the full 6 months of the year).

    £3148 (falls inc june) / £160861 (dec price) X100 = 1.96%:)

    i did it from Jan :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    _46025837_house_prices_08_jul09.gif

    does this mean that the bears will ignore the blue line and say it's not a reliable source ;)
  • skap7309
    skap7309 Posts: 874 Forumite
    Really2 wrote: »
    First 6 months of this year total fall is only 1.96%.

    I think my 10-15% fall was pessimistic.

    Yeah, possibly right. 2010 is when things get back on track so save this prediction for then. ;)
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Joeskeppi wrote: »
    _46025837_house_prices_08_jul09.gif

    So how they figure out that a drop is now a rise?

    Or am I missing something really obvious?!
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