Rightmove: +0.4% MoM +4.1% YoY

doire_2

chucky wrote: »

do you all have to share the same computer screen

it must be quite cosy :grouphug: if you like that kind of thing :rolleyes:

Dear me you have now stared on the gay jokes. Whats next " your mother is a...." :rolleyes:

Now thats scrapping the barrel :rotfl::rotfl:

abaxas

chucky wrote: »

t'is a good point until you see what is the average percentage of asking price that is being achieved - 93.3% of the asking price is currently being achieved.
i can't see that getting any higher though

Just to point out.

%age of asking price is not the same as %age of initial asking price.

skap7309

chucky wrote: »

it isn't about strong areas - it's just your area and the west midlands that are not doing well.
everywhere else in England and Wales seems to be increasing.

http://www.rightmove.co.uk/news/house-price-index/january-2010-regional-trends#

and it's only Asking Prices, not selling prices...

East Anglia showing -8.4%. :beer:

Its all about your local area innit. :rotfl:

Sellers are obviously more clued up around here about the state of the economy. :T

skap7309

HAMISH_MCTAVISH wrote: »

And when you dig into the numbers a little deeper, it gets better and better.....

Prices up 1.2% in just the first 7 days of the year.....



Supply woefully failing to keep up with demand. Prices have to rise (in order to save my a$$). It's that simple.:beer:

Edited for accuracy. Chin up Hamish.

System

I'd want at least 50% off as compensation for living in East Anglia.

chucky

skap7309 wrote: »

East Anglia showing -8.4%.

it may have dropped -8.4% and you're more than welcome to celebrate but before this months figures it's was +5.8% YoY... that isn't really bear food as you're basically in the same position that you were a year ago give or take 2%... after having 20% off before that...

your posts are usually more solid Skap but this one is clutching at straws slightly. i can see that the lack of bear food is getting to you a bit... getting all excited over asking prices. come on, you're an LR man

skap7309 wrote: »

Sellers are obviously more clued up around here about the state of the economy. :T

no they're not - have a look at the Felixstowe thread

HAMISH_MCTAVISH

skap7309 wrote: »

Edited for accuracy. Chin up Hamish.

:rotfl:

Aberdeen already back to within 1% or so of peak, and significantly higher than every month in 2007 except two. On actual sold prices, not asking....

Buyers are now around £40,000 better off than renters for the same period.

There's some utterly miserable Aberdeen bears just now.:beer:

Never mind though skappy boy, you've only seen house prices in your area rise by £10,000 since the trough. By the time you get around to buying, you might still break even versus renting.;)

But not if prices keep rising faster than you can save, like they have been recently.

Still, chin up, never say die, thats the spirit, etc....

HAMISH_MCTAVISH

nollag2006 wrote: »

Other than the morale indices for the bears, I s'pose

:rotfl: :rotfl: :rotfl: :rotfl:

Poor things, maybe we should call the Samaritans?

On another note, the proportion of Hamish attacks has gone through the roof lately, which is always a great sign for house prices.

The more worried they get, the more ad hominems they throw around.:beer:

It's the ultimate "bear desperation index". :T

brit1234

HAMISH_MCTAVISH wrote: »

:rotfl:

Brit1234, calling Brit1234..... Your beloved asking price index isn't falling anymore.;)

Great news, loads of property on the market in a very short time, checking property bee and rightmove now:D

Do a care there was a 0.4% rise in a month , not really. Most of the month was going negative with existing houses on their down now 4 months in a row. Your trying to put my prediction down based on one weeks data when typically most people put there homes up for sale. Your not seeing the fuller picture. lol

Maybe now all this supply and demand rubbish can go away, there is loads of properties appearing.

On a serious note with the end to the stimulas, stamp duty back, many cash deposits exhausted, unemployment rising and big increase in houses for sale I think we have now reached the turning point. The end of the bull trap and the resumption of the crash.:beer:

Speak latter Hamish

HAMISH_MCTAVISH

brit1234 wrote: »

Maybe now all this supply and demand rubbish can go away, there is loads of properties appearing.

Ahhhhh, Brit. Never say die, that's the spirit.

Shortage Deniers....... They never learn. No wonder their track record is so abysmal.

It also estimates that the stock of homes for sale is currently at its lowest level this century, suggesting that the mismatch between supply and demand will continue to push up prices in the short term.

The group said the factors that led to the unexpected buoyancy in the housing market during 2009 were continuing.

The average estate agency branch now has just 63 properties on its books, the lowest level since January 2008.

But the group said the overall number of homes for sale was likely to be far lower than two years ago, as many estate agency branches had closed during the period.