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Acadametrics July HPI +0.1%

Prices in England and Wales rose 0.1 percent from June, when they fell by the same amount, the research group said in a statement in London today. Values are up 8.1 percent from a year earlier to an average 220,685 pounds ($344,000).

source

More evidence of stagnation.
«134567

Comments

  • brit1234
    brit1234 Posts: 5,385 Forumite
    Hopefully a blip, we had these last time it was crashing.If anything I think we will have bigger falls in the next few months especially with all the news in the media but that takes a couple of months to come through.

    But thank you for the figure.

    Acadametrics
    Mar - 0.5%
    Apr - 0.7%
    May - 0.2%
    Jun - 0.5%
    Jul - 0.1%
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    brit1234 wrote: »
    If anything I think we will have bigger falls in the next few months especially with all the news in the media but that takes a couple of months to come through.

    Yes, but what you think is immaterial. It isn't even very interesting. You've never changed your mind on house prices, not even once. You are zealous in your predictions and they are always the same no matter what the evidence you're reading.

    brit1234 wrote: »
    Hopefully a blip, we had these last time it was crashing.
    And this is why. It is simply a matter of what you want to happen. You have convinced yourself this is somehow the same as what you think will happen.



    And now, despite me being "a bear" I too can be dismissed as I somehow don't confirm what you want to happen.
    Ah well......
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Blacklight wrote: »
    Prices in England and Wales rose 0.1 percent from June, when they fell by the same amount, the research group said in a statement in London today. Values are up 8.1 percent from a year earlier to an average 220,685 pounds ($344,000).

    source

    More evidence of stagnation.

    Some very interesting information from Acadametrics.

    After diverging from the FT index they formed an alliance with leading estate agents chains and now offer both accurate and bang up to date transactions data.

    A month ago they reported June transactions were up 20%, verified only a couple of days ago by CML loans data. Today they confirm July transactions are up a further 11%.
    The markets on fire. :beer:
    If I don't reply to your post,
    you're probably on my ignore list.
  • Dirk_Rambo
    Dirk_Rambo Posts: 387 Forumite
    brit1234 wrote: »

    Acadametrics
    Mar - 0.5%
    Apr - 0.7%
    May - 0.2%
    Jun - 0.5%
    Jul - 0.1%
    i agree brit. it looks like they just made the july figure up
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    Dirk_Rambo wrote: »
    i agree brit. it looks like they just made the july figure up


    I love DR.
  • Rinoa wrote: »
    Some very interesting information from Acadametrics.

    After diverging from the FT index they formed an alliance with leading estate agents chains and now offer both accurate and bang up to date transactions data.

    A month ago they reported June transactions were up 20%, verified only a couple of days ago by CML loans data. Today they confirm July transactions are up a further 11%.
    The markets on fire. :beer:

    Very interesting.
    “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”
  • DervProf
    DervProf Posts: 4,035 Forumite
    Rinoa wrote: »
    The markets on fire. :beer:

    I have dialled 999.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Rinoa wrote: »
    ...The markets on fire..

    yup.

    [insert picture of fire brigade desperately trying to salvage something from a burning wreck of a house].
    FACT.
  • DervProf
    DervProf Posts: 4,035 Forumite
    Very interesting.

    Yes, fascinating.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    such a beautiful way to derail a thread...
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