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Debate House Prices
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House Prices to recover more strongly than expected..
Comments
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Graham_Devon wrote: »Were they?!?!
I remember distinctly the question of "howcome there are a million homes on rightmove then" being asked by the bears everytime the lack of supply = houses up was used by the optimists.
that's because the same houses will be on with multiple agents and counted more than once on Rightmove.
you could take that number down by half or even more!0 -
South_Of_Heaven wrote: »How can it be relevant, there is hardly any sales compared to normal. For instance if there was 100 sales and 50 of them were FTB'rs then it would be 50%, and sound great, until you looked at the figures, also there is this little nugget
I've highlighted the interesting bit, what the hell does that mean ?, I can actively look at many things doesn't say I'll buy jack.
just to disagree for a change - you're not totally right.
there has always been quite a close correlation between mortgage approvals and buyer enquiries.
however, since 2007 things have been a little bit different due to the lack of mortgage funding. i think this years mortgage approvals volumes are telling a different story that many don't like...
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Not sure if the duplication is 50%+, but there certainty is some.that's because the same houses will be on with multiple agents and counted more than once on Rightmove.
you could take that number down by half or even more!
When I look on rightmove, I see a max of around 30% duplication depending on which area I search.0 -
So 30% have failed to sell through a single agent. Shame.mr_fishbulb wrote: »Not sure if the duplication is 50%+, but there certainty is some.
When I look on rightmove, I see a max of around 30% duplication depending on which area I search.0 -
just to disagree for a change - you're not totally right.
there has always been quite a close correlation between mortgage approvals and buyer enquiries.
however, since 2007 things have been a little bit different due to the lack of mortgage funding. i think this years mortgage approvals volumes are telling a different story that many don't like...
Look what happened to prices after the last time (2003) those two lines diverged like they just have.....
Not good news for the bears.....“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Interesting Chart.'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 Thatcher0
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Twin peaks?
It is the bulls equivalent to the bears grieving chart (except it is more relevant
) '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 Thatcher0 -
'cos of course there was a credit crunch last time as well?HAMISH_MCTAVISH wrote: »Look what happened to prices after the last time (2003) those two lines diverged like they just have.....
Not good news for the bears.....I think....0
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