Nationwide Sept house price survey due Oct 2

Graham_Devon

chucky wrote: »

you might live in a not so desirable area and people are moving to better areas

In a recession?

inspector_monkfish

chucky wrote: »

nah - just putting the question out there.

Mr Demanufacture may not have realised this, we're here to help each other right?

understood.
thanks for clearing that up.


d'you like dags?

chucky

Graham_Devon wrote: »

In a recession?

not everyone get's made unemployed, has wage cuts, can't sell their property, can't raise finance etc...

38,000 people had mortgages approved last month - you would expect many of those to have upgraded to a larger or better property...

inspector_monkfish wrote: »

d'you like dags?

can you say it in a Brad Pitt Irish accent please?

pickles110564

chucky, you must remember that Graham,Mewbie,Brit & Carolt etc think that they are having a nightmare and when they wake up all their doom and gloom will come true.
They were all so confident that havoc was going to spread through the property market and the fools that bought before were in serious trouble.
They were wringing their hands in delight.
However, in reality their 50% Crash never happened and all that bad luck they wished on normal familes thank god just disappeared in smoke just like their pipe dreams.
Brit changed his signature strip but would never answer why and admit he was wrong.
They try to spin their way out of the continual good news that is appearing and will start slinging insults to deflect peoples eyes from this good news.
Shed a tear for them.

SingleSue

Oh dear, I will miss all the fun and games...not only do I have my final but very important end of course assignment due in at midday on that day but I am also doing a buffet for a birthday party!

I'll join in on Sunday when I have a) sobered up and b) can be beggered to have a look.

Heyman_2

inspector_monkfish wrote: »

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.

Goody gumdrops.

inspector_monkfish

chucky wrote: »

not everyone get's made unemployed, has wage cuts, can't sell their property, can't raise finance etc...

38,000 people had mortgages approved last month - you would expect many of those to have upgraded to a larger or better property...



can you say it in a Brad Pitt Irish accent please?

i just did...;)

WhiteThierry

i wonder what would happen if the nationwide index was not +ve or -ve but by chance it was = to last month. The silence on this board would be deafening!!!

chucky

WhiteThierry wrote: »

i wonder what would happen if the nationwide index was not +ve or -ve but by chance it was = to last month. The silence on this board would be deafening!!!

it's expected to be +1%

cootambear

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.

London and the SE always recover first after a slump in HP.