BREAKING NEWS!!! Rightmove +3.1%: Crash Over, Ghouls Routed And Capitualating

THE_GHOULS_PARADISE

The Great House Price Crash that never was continues unabated at a modest 'crash cruise speed' of +3.1%. At this speed houses will become affordable to the ghouls in 2110. Only another 100+ years to wait and keep paying down your landlords mortgage.

poppycod

THE_GHOULS_PARADISE wrote: »

The Great House Price Crash that never was continues unabated at a modest 'crash cruise speed' of +3.1%. At this speed houses will become affordable to the ghouls in 2110. Only another 100+ years to wait and keep paying down your landlords mortgage.

crawl back from whence you came.

You blight this forum with your continual self-serving propaganda and nasty !!!!!ing.

HAMISH_MCTAVISH

THE_GHOULS_PARADISE wrote: »

The Great House Price Crash that never was continues unabated at a modest 'crash cruise speed' of +3.1%. At this speed houses will become affordable to the ghouls in 2110. Only another 100+ years to wait and keep paying down your landlords mortgage.

You're mental.

But I :rotfl: because the bears do deserve it after the halifax last month.

HAMISH_MCTAVISH

poppycod wrote: »

You blight this forum with your continual self-serving propaganda and nasty !!!!!ing.

You've just described yourself.

And all the other bear sockpuppets.

Henry_P_Chester

Lol. Expect lots more 'why won't my house sell' threads on the buying and selling forum. 'the price is right cos the estate agent said so innit!'

Can't say I'm surprised, or bothered by this as miles says 'this will just mean they won't sell and end up accepting an even lower price than if the they priced realistically in the first place'


Read the report. Very very bearish. Also as I've said before, even when this index is falling, it's highly erratic and pretty much meaningless with little effect on sale prices. Even Hamish agrees with that.

Spiv_2

Property asking prices in England and Wales rose for the first time in four months in October, with sellers responding to seasonal pressures instead of market fundamentals, a survey showed Monday. Property website Rightmove, which says it captures 90 percent of all homes for sale, said asking prices jumped 3.1 percent this month, following drops of 1.1 percent in September and 1.7 percent in August.
The annual rate of growth in prices rose 2.9 percent from 2.6 percent in September.

http://www.iii.co.uk/news/?type=reutersnews&articleid=TRE69G1T9&feed=Bus&action=article

London home sellers raised asking prices by the most in six months in October as owners across the U.K. brushed off the challenges posed by the biggest fiscal squeeze since World War II, Rightmove Plc said. Average asking prices in the capital increased 5 percent from September to 418,778 pounds ($671,301), the most since February, the operator of Britain’s biggest property website said in a report published in London today. Across the U.K., prices rose 3.1 percent to 236,849 pounds.

http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=ahYI4Ox9Ga6Q

Blacklight

It's a useless measure but what's interesting about it is that you never hear anecdotals from property bee users when asking prices have gone up. Just the odd one that's been reduced.

Heyman_2

Rising asking prices mean nothing

THE_GHOULS_PARADISE

Heyman wrote: »

Rising asking prices mean nothing

As yes it meas nothing as we are in the 'fear phase'. Why not post that silly little graph so you can all pat each other on the back how wrong for YEARS AND YEARS you've CONSISTENTLY called it.

doire_2

Asking prices? :rotfl:

System

Blacklight wrote: »

It's a useless measure but what's interesting about it is that you never hear anecdotals from property bee users when asking prices have gone up. Just the odd one that's been reduced.

I think that's because when a house is listed it very rarely increases in asking price, whereas asking prices get knocked down even during boom times.