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Debate House Prices


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House Prices Rise 0.6% in July-- Halifax

HAMISH_MCTAVISH
HAMISH_MCTAVISH Posts: 28,592 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
in Debate House Prices & the Economy
UK house prices rose 0.6% in July, Halifax says


UK house prices have continued to stabilise, according to the latest report from the Halifax.

The annual house price inflation rate fell from 6.3% to 4.9%, with the average property now costing £167,425.

Lets see if we can get one of these threads to stay up....;)
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”
«13

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    It's like the rightmove asking prices all over again.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Graham_Devon wrote: »
    It's like the rightmove asking prices all over again.

    Except for the part where the threads get deleted cause the user was PPR-ed.

    But other than that, Graham, I suppose.:D
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    https://forums.moneysavingexpert.com/discussion/2640257 ;)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Lance
    Lance Posts: 559 Forumite
    They say food is about to rise 10% as well so keep that loaf of bread Hamish.... it will worth a fortune one day! It will be soooooo good when house prices are so high there will be no FTB's unless banks offer 10 times wages again. People can mew like mad as well and buy things to boost the economy. Northern Rock can offer a 120% 'Together Mortgage' to help people who cannot afford to buy a house buy a house. Dance Hamish...... happy days are here again and your house makes more money than you do. When it all goes wrong they can go bankrupt and start afresh 6 months later and the tax payer can bail out the banks and then house prices will rise again.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    _48601081_house_prices_464.gif

    Nice graph:D
    We are going to have a few blips but hopefully be negative next month
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    brit1234 wrote: »
    _48601081_house_prices_464.gif

    Nice graph:D

    We are going to have a few blips but hopefully be negative next month


    Round my way the bears offer 100% guarantees rather than hope
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    We are going to have a few blips but hopefully be negative next month
    are house prices still falling?
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    House prices have been falling for ages.


    Don't listen to McTittish.

    He's a very silly boy.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Dirk_Rambo
    Dirk_Rambo Posts: 387 Forumite
    house prices have been tanking round my way for yonks now. does halifax just make this stuff up or what
  • Damaged
    Damaged Posts: 122 Forumite
    Personally I can see stagflation, upper a for few months, down the next. I think we have reached the ceiling level of what people can afford at the moment.

    The transactions numbers we are seeing at the moment, are the new normal.
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