HUGE 10%+ year on year gains coming up...

Thrugelmir

Joeskeppi wrote: »

If you think about the thread title for a second, 10% YoY seems pretty likely in a couple of months.

As i said earlier. Not everywhere. Certainly not in my locality.

chucky

Graham_Devon wrote: »

And when falling Nationwide was dropped in favour for the LR. The LR was the be all and end all at the time, remember?

We'd have graphs pulled from Merthr Tydvil by yourself, ISTL etc from the LR to prove actually house prices were rising in some very local areas.

Everything was discounted, unless it was from the LR.

But now, LR has been dumped as quick as Merthr Tydvil was when it showed a monthly drop.

Now, everything refers to the Nationwide, as it shows the highest prices.

But you'd rather have us believe the bulls and yourself are whiter than white when it comes to such issues.

you're making things up again - there's context and there is Graham Devon context where you miss the point completely. like in this thread.

actually - you've lost the plot so often and been way off the mark with your points you don't even know what you're talking about :money:

Emy1501

I remember going into an estate agent at the beginning of the year. He told me prices are still at 2007 levels. When I pointed out NW and LR he said ignore those as where I live is like a protected island prices have not gone down! 3 months later the NW headlines were in the window with a msg saying it was time to buy because the headline figures said so!

chucky

Emy1501 wrote: »

I remember going into an estate agent at the beginning of the year. He told me prices are still at 2007 levels. When I pointed out NW and LR he said ignore those as where I live is like a protected island prices have not gone down! 3 months later the NW headlines were in the window with a msg saying it was time to buy because the headline figures said so!

never trust anyone who's earnings are commission based; they are voluntarily or even in-voluntarily always going to be biased.

IveSeenTheLight

HAMISH_MCTAVISH wrote: »

Depends which index you use, but 10% looks likely on at least some of them within the next 6 months.

Seems you have a chance Hamish

Nationwide was at £147,746 in February
http://www.nationwide.co.uk/hpi/historical/feb_2009.pdf
In November it is £162,764
http://www.nationwide.co.uk/hpi/historical/nov_2009.pdf

Currently up 10.16%, so could see falls and remain up 10%, just

Graham_Devon

IveSeenTheLight wrote: »

Seems you have a chance Hamish

Nationwide was at £147,746 in February
http://www.nationwide.co.uk/hpi/historical/feb_2009.pdf
In November it is £162,764
http://www.nationwide.co.uk/hpi/historical/nov_2009.pdf

Currently up 10.16%, so could see falls and remain up 10%, just

Or to spin another way. Could remain 8% down.

It's the elephant in the room none of you are willing to look at!

chucky

the Nationwide is back to March 2006 now...

at it's low in February it was down all the way back to April 2004...

it looks like some people may have missed an opportunity of saving themselves a lot of money if they thought that house prices would go down further... that's not very MSE is it...

Graham_Devon

chucky wrote: »

the Nationwide is back to March 2006 now...

at it's low in February it was down all the way back to April 2004...

it looks like some people may have missed an opportunity of saving themselves a lot of money if they thought that house prices would go down further... that's not very MSE is it...

And taking on debt you cannot afford, is?

chucky

Graham_Devon wrote: »

And taking on debt you cannot afford, is?

right... :rolleyes:

anyone who takes on a mortgage can't afford it... what planet do you live on?

Graham_Devon

chucky wrote: »

right... :rolleyes:

anyone who takes on a mortgage can't afford it... what planet do you live on?

If they were waiting for house prices to go down further, they were probably priced out of what they required. Hence waiting.