We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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.
📨 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!
House prices rise as property shortage persists
Comments
-
So prices have actually risen in the SE and London and in London the number of surveyors reporting rises has fallen. Pretty much everywhere else its no change or falling.
So when you read the headline its not actually the true picture then.
no there are many regions that have increased East Midlands, North West, to name a few. only a couple have reported 'Rises' decreasing.0 -
Majority of surveyors in those areas report prices are the same as they were 3 months ago.
month on month my dear.... the thread is about the November RICS report...
but just for you
East Midlands
Aug-09 6 reported rises
Nov-09 23 reported rises
North West
Aug-09 27 reported rises
Nov-09 40 reported rises
that doesn't look the same prices to me... they look like they have been reporting price rises :rolleyes:0 -
month on month my dear.... the thread is about the November RICS report...
but just for you
East Midlands
Aug-09 6 reported rises
Nov-09 23 reported rises
North West
Aug-09 27 reported rises
Nov-09 40 reported rises
that doesn't look the same prices to me... they look like they have been reporting price rises :rolleyes:
In the North west for Nov 09 54% report no rises, 40% rises and 6% falls. That equals 100%. and in East Midlands 63% reported no rises from 3 months ago.
Therefore more agents reported no rise than rises. All report sugests is that there is more agents reporting rises each month not that the majority are and therefore prices are rising.
Its only in London and the SE that the percentage of surveyors reporting acutal rises in prices is more than 50%0 -
In the North west for Nov 09 54% report no rises, 40% rises and 6% falls. That equals 100%. and in East Midlands 63% reported no rises from 3 months ago.
you may be looking at it wrong
look at the Rise column - it has increased month on month. nobody is saying the majority
those thinking that prices have remained the Same or Fallen has decreased because they now report prices as Rising.
it's not agents producing the report - it's the Royal Institution of Chartered Surveyors. they are totally different group of peopleTherefore more agents reported no rise than rises. All report sugests is that there is more agents reporting rises each month not that the majority are and therefore prices are rising.0 -
you may be looking at it wrong
look at the Rise column - it has increased month on month.
those thinking that prices have remained the Same or Fallen has decreased because they now report prices as Rising.
yes more agents each month think prices are rising but not the majority of them.0 -
The title of the thread suggests prices are rising. This is not what is being reported. All that is being reported is more agents are reporting rises each much not that prices are rising. The majority are saying that the prices are the same as three months ago.0
-
they are not agents - they are the Royal Institution of Chartered Surveyors.The title of the thread suggests prices are rising.
they are the guys that do the surveys....
i don't think that you're getting it...The title of the thread suggests prices are rising. This is not what is being reported. All that is being reported is more agents are reporting rises each much not that prices are rising. The majority are saying that the prices are the same as three months ago.
the number of surveyors reporting price drops is decreasing
the number of surveyors reporting prices staying the same is also decreasing.
by default this means that the number of surveyors reporting prices rises is increasing.
therefore, there have been more property price rises being reported.
0 -
i don't think that you're getting it...
the number of surveyors reporting price drops is decreasing
the number of surveyors reporting prices staying the same is also decreasing.
by default this means that the number of surveyors reporting prices rises is increasing.
therefore, there have been more property price rises being reported.
Rightmove suggests they are falling. I don't think you get it. Hamish told us all, so obviously this has more weight than any of your factors.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards