MSE News: Land Registry: house prices down 0.2% in May

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This is the discussion thread for the following MSE News Story:
"Typical property values fell on a month-by-month basis, but also annually for the first time in over a year ..."
"Typical property values fell on a month-by-month basis, but also annually for the first time in over a year ..."
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Still hoping for further reductions to correct the market but not going up is good enough I suppose.
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/2012
Hostie
xx
Agree that stagnation may almost be upon us. All the risk in house prices is downward. Biding ones time and saving is is the best option.
"Going to work at 7am this morning I drove out of my drive straight into a bus. The bus was 5 minutes early.".
R
Seriously though, how can we take these statistics? I was under the impression that house prices are on the rise, I'm guessing this is just a different measure (land reg and not a mortgage provider) and has less to lose if house prices are not on the rise
R
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/2012