Dec 2009 - May 2010...mainly the same houses on the market.

tomstickland

I stopped looking on Rightmove in December. I took a look a few days ago and about 75% of what I saw advertised was stuff that hadn't shifted since December.

Asking prices have been creeping down. Some things are selling, but the over riding impression is of stagnation.

nollag2006

Funny how most bears seem to live in unidentified areas that buck the national trend in house price recovery.

I wouldn't take it personally

bristol_pilot

Perfectly natural that overpriced houses with sellers that are not that bothered whether they move or not are not shifting. Of course, this tells us absolutely nothing about the housing market.

jonewer

From my observations, good houses that are well priced are selling very quickly.

Bad houses that are not well priced will hang around the market like ian huntley at a primary school.

Emy1501

nollag2006 wrote: »

Funny how most bears seem to live in unidentified areas that buck the national trend in house price recovery.

I wouldn't take it personally

Which trend is that? LR/ Halifax/NW are all pretty static since the beginning of the year.

daveyjp

There are very few houses on the market round us.

Driving through a large estate of at least 500 family semis, bungalows etc built in the 1960s with more modern houses on the perimeter we quickly realised we only saw one for sale board and that had a sold sign across it.

Some neighours sold their house in three weeks. They found something they liked, offer accepted, survey came back and it needs thousands spending on it so they are reconsidering. Problem is for their budget and location there is absolutely nothing suitable so they are looking at renting for a few months or even pulling out of their sale.

nollag2006

Emy1501 wrote: »

Which trend is that? LR/ Halifax/NW are all pretty static since the beginning of the year.

As so often dear Emy, you are talking out of your back pocket...



These figures only go as far as March - today's press release from FT Acadametrics confirms that this trend has continued in April.

http://www.acadametrics.co.uk/AcadHPI%20News%20Release%20April%2010.pdf

Better luck next time...

Exocet

I've got my eye on this little beauty if prices continue to fall...

http://www.rightmove.co.uk/property-for-sale/property-25691443.html

Emy1501

nollag2006 wrote: »

As so often dear Emy, you are talking out of your back pocket...



These figures only go as far as March - today's press release from FT Acadametrics confirms that this trend has continued in April.

http://www.acadametrics.co.uk/AcadHPI%20News%20Release%20April%2010.pdf

Better luck next time...

House prices are down this year by about 0.6% including April according to Halifax . UP 1.9% according NW including April and up about 1% to March according to LR and the last 2 months were down according LR. Not exactly flying then. I would say a 1% rise over 4 months across the board is pretty static

No disrespect but people are getting a bit desperate quoting Acadametric who the hell are they!!!!

nollag2006

You are obviously struggling to keep up here Emy, so let's take this one step at a time for you

Emy1501 wrote: »

House prices are down this year by about 0.6% including April according to Halifax . UP 1.9% according NW including April and up about 1% to March according to LR and the last 2 months were down according LR. Not exactly flying then. I would say a 1% rise over 4 months across the board is pretty static

Here is another pretty picture to help you see that HPI is running at an annualised rate in the region of 5 - 10%:



If you have anything more substantial or comprehensive than this, please do come back and tell us.

I know that you don't.

Emy1501 wrote: »

No disrespect but people are getting a bit desperate quoting Acadametric who the hell are they!!!!

Acadametric are the property consultancy that run the Financial Times' House Price Index report. I hope you have heard of the Financial Times. It is a pink newspaper with not so many pictures.

Emy1501

nollag2006 wrote: »

You are obviously struggling to keep up here Emy, so let's take this one step at a time for you



Here is another pretty picture to help you see that HPI is running at an annualised rate in the region of 5 - 10%:



If you have anything more substantial or comprehensive than this, please do come back and tell us.

I know that you don't.





Acadametric are the property consultancy that run the Financial Times' House Price Index report. I hope you have heard of the Financial Times. It is a pink newspaper with not so many pictures.

Nationwide figures since Jan 2010-2010

Jan-10 1.3 2.1 8.6 163,481
Feb-10 -1.0 1.7 9.2 161,320
Mar-10 1.0 1.5 9.0 164,519

Apr-10 1.0 1.1 10.5 167,802


Halifax figures below from JAN 2010 to April 2010

Jan up 0.4%

Feb down 1.6%

March up 1.%

April down 0.1%






Lan Registry figures

Jan up 2.2%

Feb Down 0.3%

March Down 0.6%


Average of three since the beginning of the year is about 1% which is pretty much static. Its not very hard to understand? No point banging on about an annual rate as my post clearly talked about from the beginning of the year.