Debate House Prices


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Nationwide Sept house price survey due Oct 2

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inspector_monkfish
inspector_monkfish Posts: 9,276 Forumite
in Debate House Prices & the Economy
09:51 25Sep09 UK Nationwide Sept house price survey due Oct 2

LONDON, Sept 25 - Britain's Nationwide will publish its house price survey for September on Friday, October 2 at 0600 GMT, the mortgage lender said on Friday.
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Comments

  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    You giving us a weeks countdown?
    The debating will be all done by tuesday. Insults only from wednesday then...
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    <1% but a rise nontheless
  • Lotus-eater
    Lotus-eater Posts: 10,789 Forumite
    10,000 Posts Combo Breaker
    Let me get my prediction in first then.

    Between +5% and -5%

    That should cover it.
    Freedom is not worth having if it does not include the freedom to make mistakes.
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    lemonjelly wrote: »
    You giving us a weeks countdown?
    The debating will be all done by tuesday. Insults only from wednesday then...


    just letting the tension build.....
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  • abaxas
    abaxas Posts: 4,141 Forumite
    It'll be delayed, they'll have to wait for at least 1 property to sell before they can release numbers.
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    abaxas wrote: »
    It'll be delayed, they'll have to wait for at least 1 property to sell before they can release numbers.


    aah, but they will be 100% up on this time last year, so thats fantastic news isn't it??
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  • System
    System Posts: 178,351 Community Admin
    10,000 Posts Photogenic Name Dropper
    Demanufacture wrote: »
    Not really sure what these figures mean anymore, even the LR. For instance I believe that last months LR figures, when broken down showed falls in all areas of the UK bar 3, London, the SE and another one that I can't remember. The amount of transactions though in those areas skewed the national picture to show prices risings as per the headlines shown in the media.

    But in reality for the majority of the country this was untrue, however 95%+ of people only hear or see a headline, and therefore are hoodwinked into believing prices are rising when in most of the country they are not. I'm sure Nationwide & Halifax are the same.

    A little bit of proof of this is in the areas I look at, like for like, houses are selling for less than this time last year.

    It's what it says it is, an average, which is why we've been saying for a long time not to look at the average and look at your area.
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  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Demanufacture wrote: »
    A little bit of proof of this is in the areas I look at, like for like, houses are selling for less than this time last year.

    you might live in a not so desirable area and people are moving to better areas :confused:
  • inspector_monkfish
    inspector_monkfish Posts: 9,276 Forumite
    chucky wrote: »
    you might live in a not so desirable area and people are moving to better areas :confused:


    you calling him a p!key ?? ;)
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  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    inspector_monkfish wrote: »
    you calling him a p!key ?? ;)

    nah - just putting the question out there.

    Mr Demanufacture may not have realised this, we're here to help each other right? ;)
This discussion has been closed.
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