Halifax Hpi November 2010 -0.1%

GeneHunt_2

http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp

Annual Change -0.7%
Quarterly Change -2.1%
Monthly Change -0.1%

“Higher numbers of properties for sale, combined with reduced demand, have caused the recent decrease in prices. There are, however, some tentative signs that homeowners are becoming more reluctant to put their properties on the market which, if continued, will help to relieve the current downward pressure on prices. Interest rates are likely to remain very low for an extended period, which will support the improved mortgage affordability position for homeowners. As a result, we do not expect to see a significant fall in house prices."

Annual change
-0.7%
Quarterly change
-2.1%
Monthly change
-0.1%
Average Price
£164,708

GeneHunt_2

Competing U.K. Indexes Keep Homebuyers Guessing in Wary Market

U.K. home prices are rising. Or they’re falling. It depends whom you ask.

http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a..QLgwQfI0E

mdb99jh

TIMBER!!!

it's a whopper

GeneHunt_2

mdb99jh wrote: »

TIMBER!!!

it's a whopper

Lol :T:T:T:T

Sibley

I just can't believe it. :eek:

Is this actually true?

Everything we've worked for gone. The bears were right after all. House prices have crashed. 0.1%.

My house has lost £200 overnight. :mad:


OK, Gloomy, Doire and co. You win. Take it easy on me please.

I suppose you will all be sitting in 4 bedroom thatched cottages by this time tomorrow.

Really2

I wonder who is going to tell me today house prices are not stagnating (nominally).

2 Whoppers this month a -0.3% and a -0.1%, the rate of falls slowing on both indexes and YOY Nominal stagnation looks to be correct (virtually) now for 2010.
But I cant say stagnation because prices were not exactly the same for every day of the year.;)

shupufski_2

The actual YoY decline is 2.4% according the report.

Pray tell, what is the percentage range for "flat", "stagnation" or "stabilisation"? Is it anything negative below 5%?

purch

2 Whoppers this month

With cheese :eek:

Graham_Devon

Not much to talk about really, is it.

Still, another fall, technically. It's certainly not a rise, by any of the measures.

Blacklight

Really2 wrote: »

I wonder who is going to tell me today house prices are not stagnating (nominally).

I can hazard a guess.



"Prices are falling... 0.1% is a FALL and prices have been falling for months"

*yawntastic*

[edit] To late...

Graham_Devon wrote: »

Not much to talk about really, is it.

Still, another fall, technically. It's certainly not a rise, by any of the measures.

Graham_Devon

Blacklight wrote: »

I can hazard a guess.



"Prices are falling... 0.1% is a FALL and prices have been falling for months"

*yawntastic*

[edit] To late...

Well, I don't know what you want me to say. It is a fall. Regardless of the number, its a fall of 0.1% hence it has a minus sign in front of it.

Are you calling me Mr Muddle for calling it a fall? Sweet.

Ho hum, as you were.