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.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

MSE News: Land Registry reports further house prices rise (up 1.7%)

Options
1356789

Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Cannon_Fodder wrote: »
    Dan,

    Have another look at that monster-length thread from Hamish, where monthly figures were up and down like a yo-yo for 6 years - and he didn't even include the pre-91 figures, when the first big stage of the crash hit.

    LR will probably be a mix, of Halifax and Nationwide, in a positive direction for the next 3 months. Its just repeating what they have already stated - its a lagged index.

    As per 1990, some numpties (me included) heard prices were on the move in the spring and jumped in, in the summer...

    ...and then spent 6 years watching prices fall...

    This time won't match exactly, month by month, the past. Maybe it will be a bit shorter, steeper in and out due to greater awareness, say 5 years instead of 7. But equally, the state of banking, depth of GDP loss in this recession and tightened lending criteria may end up with it being worse.

    But its not all over at the two year mark. Trust me.

    No, it's not all over. I agree, but im not sure why I would 'trust you' as you were one of the folks saying that low interest rates and QE would have no effect on house prices.

    I expect further falls, but im convinced we have passed the bottom [feb 09]
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    nearlynew wrote: »
    Beware of the bull [STRIKE]!!!!!![/STRIKE] trap.

    this is just another nail in the coffin of the HPC coffin... :cool:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    To be fair it is a few months behind, so providing confirmation of the other index figures. It may just be enough to build confidence and loosen the purse strings og the banks, it is a confidence game after all.
    '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
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    Up 1.7% in a single month is MASSIVE.

    This marks the end of the house price crash. It's been a good one, but sadly, has to come to an end.

    Dan, I preferred your old sig 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
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    StevieJ wrote: »
    Dan, I preferred your old sig icon7.gif

    It required too much updating :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    chucky wrote: »
    this is just another nail in the coffin of the HPC coffin... :cool:

    i'm off to HPC.co.uk to have a chucky chuckle :rotfl:
  • System
    System Posts: 178,346 Community Admin
    10,000 Posts Photogenic Name Dropper
    chucky wrote: »
    i'm off to HPC.co.uk to have a chucky chuckle :rotfl:

    I'm going to save myself the bandwidth and just assume the LR is now a VI.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Dan: wrote: »
    It required too much updating :)

    Lazy git 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
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    i'm off to HPC.co.uk to have a chucky chuckle :rotfl:

    What a good idea. I could do with a laugh, it's boring in the office today :T
  • adr0ck
    adr0ck Posts: 2,374 Forumite
    Part of the Furniture Combo Breaker
    1.7% is huge

    biggest since 2004 (bbc reporting)

    what was halifax & nationwides data from the same month

    anyone got it to hand
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
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.
Update Your Picture