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Debate House Prices
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Land registry 0.2% down MOM, 1.5% UP YOY.
Comments
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Up 0.1% "round my way". Appreciate all your concern though
This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
It would seem the correction is going nicely.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
IveSeenTheLight wrote: »"If the 4 months are representative" - They're not.
Many experts predicted rises at the start of 2010 followed by falls in the latter part.
That's why we've had a stagnant year.
They ARE respresentative to anyone buying and selling now.
What happened in January 2010 is of little concern to people now.0 -
Graham_Devon wrote: »They ARE respresentative to anyone buying and selling now.
What happened in January 2010 is of little concern to people now.
Plus they are more likely to be representative of what might happen next. January 2010 will have virtually no influence on Feb 2011, but Dec 2010, Jan 2011 etc might...0 -
PS, If you want to look at just my property and dates exactly, then lets look at the area that it is in. If you look at rightmoves Jan figures you will see west midlands prices increased 10% Year on Year, take 5 months of that which is significantly more than 1.5%.
Cheers
You bought in Aug 2010? I think you 'top-ticked' the 'dead cat bounce' there, to the month.
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Graham_Devon wrote: »They ARE respresentative to anyone buying and selling now.
What happened in January 2010 is of little concern to people now.
Are you seriously trying to say that 4 months are representative of yearly figures?
The OP was saying "if" they are representative and what that would refer to in annual decreases with inflation taken into account.
If you seriously think that selectively taking only the last 4 months of drops and negating the 8 months prior to that, then sorry, but it's not worth hitting my head against a brick wall to discuss this further with you.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Mallotum_X wrote: »Plus they are more likely to be representative of what might happen next. January 2010 will have virtually no influence on Feb 2011, but Dec 2010, Jan 2011 etc might...
Seriously...................
Selectively taking only four months of data where many predicted falls in the later half of 2010 AFTER they predicted rises in the first half and then extrapolating that into what "might" happen next.
Whatever happened to past performance is no gaurantee of future performance.
If you seriously think that, then good luck to you, I'll sit quitely and wait until your proven wrong.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
That previous graph may be idealised and extrapolated, but a picture speaks better than words.
Whether prices are going up or down depends on what average you use. However it seems that house prices have been dropping in real terms since early 2007 for most averages shorter than 4 years
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That previous graph may be idealised and extrapolated, but a picture speaks better than words.
Whether prices are going up or down depends on what average you use. However it seems that house prices have been dropping in real terms since early 2007 for most averages shorter than 4 years
Do keep posting this graph during 2011. Hopefully we can bury the myth that house prices grow at a compound rate of 2.9% per annum .0 -
What's interesting looking at the graph above is between 1990 and 91 it seemed house price falls also steadied and prices followed the trend line for a short period, before falling off again.
20 years later....same appears to be playing out again.
Longer time on the trend line, but also a longer time above it previously. Maybe that means a longer time below it this time round.0
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