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Debate House Prices


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Land Reg Nov -0.6%

«1345678

Comments

  • FATBALLZ
    FATBALLZ Posts: 5,146 Forumite
    That's a shame.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    gagahouse wrote: »
    Surprised this hasn't been posted already

    MoM -0.6%
    YoY 2.2 %

    http://www1.landregistry.gov.uk/assets/library/documents/HPI_Report_Nov_10_eiplrig78.pdf

    I expect most people were expecting it. Very low volumes and a large percentage of these will have been distressed sales. Having said that these figures are sooooo much more believable than the Haliwide figures.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    gagahouse wrote: »
    Surprised this hasn't been posted already

    MoM -0.6%
    YoY 2.2 %

    http://www1.landregistry.gov.uk/assets/library/documents/HPI_Report_Nov_10_eiplrig78.pdf
    it's probably not been posted because since June it only shows a 0.78% drop in house prices and that includes this months 0.6% fall -
    that won't make it a popular index.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    chucky wrote: »
    it's probably not been posted because since June it only shows a 0.78% drop in house prices and that includes this months 0.6% fall -
    that won't make it a popular index.

    Indeed. If you had said on this or any of the more extreme sites that prices would be higher in Nov 10 than in Nov 09 you would have been ridiculed (in fact if you say that prices will be higher in Nov 2011 then there will be someone out there who KNOWS they won't).
  • gagahouse
    gagahouse Posts: 392 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    chucky wrote: »
    it's probably not been posted because since June it only shows a 0.78% drop in house prices and that includes this months 0.6% fall -
    that won't make it a popular index.

    they must all be over at HPC creaming their pants then ;)
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    gagahouse wrote: »
    they must all be over at HPC creaming their pants then ;)

    After seeing lots of references to HPC I had a look over there last week.

    It's a bit boring - everyone agrees with each other.
  • zappahey
    zappahey Posts: 2,252 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    wotsthat wrote: »
    After seeing lots of references to HPC I had a look over there last week.

    It's a bit boring - everyone agrees with each other.

    The thing that's more boring is that it is continually being discussed here. It would be nice to keep the boredom in one place.
    What goes around - comes around
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    wotsthat wrote: »
    After seeing lots of references to HPC I had a look over there last week.

    It's a bit boring - everyone agrees with each other.

    Someone whose been a member over there since Nov 06 says "I love it when a plan comes together". :rotfl: Anyway over 2k views over there this morning though (you would think they had seen enough false dawns by now).
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    gagahouse wrote: »
    Surprised this hasn't been posted already

    MoM -0.6%
    YoY 2.2 %

    http://www1.landregistry.gov.uk/assets/library/documents/HPI_Report_Nov_10_eiplrig78.pdf

    LR catching up with Haliwide then, ie stagnation. The next question is will Haliwide then LR start showing nominal falls like Rightmove which is the leading indicator, albeit the least accurate.
    Pimperne1 wrote: »
    I expect most people were expecting it. Very low volumes and a large percentage of these will have been distressed sales. Having said that these figures are sooooo much more believable than the Haliwide figures.

    Generally Haliwide and LR correlate pretty well I think, given a time lag between mortgages being agreed and house sales being registered.
  • satchmeister
    satchmeister Posts: 372 Forumite
    chucky wrote: »
    it's probably not been posted because since June it only shows a 0.78% drop in house prices and that includes this months 0.6% fall -
    that won't make it a popular index.
    Yes but it makes a 1.6% fall in the last three months IIRC
This discussion has been closed.
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