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Land registry 0.2% down MOM, 1.5% UP YOY.
Batchy
Posts: 1,632 Forumite
http://www.landregistry.gov.uk/
Stagnation... or oh yeah, annual rises.
So 0.2% down MOM
or 1.5% up YOY
The rest is just noise, I expect there to be a little negativity in the first 6 months, then since the trend was down for the second half of 2010, it could start showing some worrying positive % increases.
Sometimes the landregistry is just so predictable.
Stagnation... or oh yeah, annual rises.
So 0.2% down MOM
or 1.5% up YOY
The rest is just noise, I expect there to be a little negativity in the first 6 months, then since the trend was down for the second half of 2010, it could start showing some worrying positive % increases.
Sometimes the landregistry is just so predictable.
Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
0
Comments
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Houses still holding their value I see. It'll take a bit more that few bankers misbehaving to make homeowners sell their property at a loss.
Guess they're all waiting for prices to go up again.0 -
-0.98% for the quarter?
Something like that anyway. Maybe. Not sure.
Trend still down....4 months of falls.0 -
Graham_Devon wrote: »-0.98% for the quarter?
Something like that anyway. Maybe. Not sure.
Trend still down....4 months of falls.
Correction, trend monthly is DOWN
trend annually is UP
We can spin this till the sun comes out, the fact is houses are technically not Crashing.
Much ado about nothing really.
However, with saving rates terrible, with mortgage rates at a record low, now is the time to make as big a dent in the mortgage as possible, or save to do so, with normal max 10% overpayments.
So when rates do go up, since its the only way they can go now, the interest you bear on any mortgage would be lower, both now and over the long term.Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0 -
Trend annually is as much as 12 months old, showing what's been and gone.
Trend quarterly is 3 months old.
Don't think that's spinning anything. Just looking for the middle ground, which I think we can all take more from, than we can monthly, or annually.0 -
Yes that's right Graham. Down, down, down... only another 187 years to go at 0.2% before they get to the magical 3x.
In other news GD's World News:
An extremely small but positive quantum correction, or the Casimir energy, to the cosmological constant can arise from a massive bulk fermion field in the Randall-Sundrum model. Specifically, a cosmological constant doubly descended from the Planck-electroweak hierarchy and as minute as the observed dark energy scale can be naturally achieved without fine-tuning of the bulk fermion mass.0 -
Graham_Devon wrote: »-0.98% for the quarter?
Something like that anyway. Maybe. Not sure.
Trend still down....4 months of falls.
Do we need to link the forecasts that 2010 would be 1st half of rises followed by 2nd half declines.
Can you not accept the broader stagnant market were in.
Does it really have to be either up or down with you?
P.S. get ready to make a mess in your pants as next month shows a greater than 2% YOY movement into negative figures next month
[edit] Clue: It's more to do with the rise in Jan last year than any falls that may occur this year.
Likelyhood is that it will still be around the 1% negative YOY.
It would need a -0.5% or more negative month to jump over the -1% YOY[/edit]:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Oops.
Seem to have upset people by stating the bloody obvious....again.
"My" 4 months of falls. "GD's news". "Spinning the figures".
All because I looked at the figures from a quarterly perspective?0 -
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Graham_Devon wrote: »Oops.
Seem to have upset people by stating the bloody obvious....again.
"My" 4 months of falls. "GD's news". "Spinning the figures".
All because I looked at the figures from a quarterly perspective?
You're looking at things on a quantum level Graham. The truth is there has been no movement.0 -
Thrugelmir wrote: »Totally agree. London prices appear to be holding up the entire UK market.
As an aside, I have always felt that market changes tend to happen in London first and in general the rest of the country follows with a bit of a lag time proportionate to distance and size of the town/city.
I don't have any data to back this up, just a gut feel, but i can see reasons why it might be the case. Does anyone have any figures on this?0
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