Land Registry - 28 March 2011 - -0.8%/1.7%

The_Fat_el_Hombre

Ouch. That hurts

Sibley

What I find highly amusing now is watching HPC responses to good and bad news.

When any data is released that indicates upward movement of good news they totally blank it out. Anything and I mean anything that gives a downward indication and WHAM they bung hundreds of ' It's here' ' Crash speed ahead' posts on their board. :rotfl:

Makes you realise what a desperate bunch of losers stay on there now. They really wanted us to know about this important news. They have a thread dedicated to showing those on MSE. :rotfl:

Generali

Sibley wrote: »

What I find highly amusing now is watching HPC responses to good and bad news.

When any data is released that indicates upward movement of good news they totally blank it out. Anything and I mean anything that gives a downward indication and WHAM they bung hundreds of ' It's here' ' Crash speed ahead' posts on their board. :rotfl:

Makes you realise what a desperate bunch of losers stay on there now. They really wanted us to know about this important news. They have a thread dedicated to showing those on MSE. :rotfl:

24 posts (including this and yours) in a day doesn't seem excessive.

mr_fishbulb

Sibley wrote: »

Makes you realise what a desperate bunch of losers stay on there now. They really wanted us to know about this important news. They have a thread dedicated to showing those on MSE. :rotfl:

What a bunch of sad people. I mean, them putting posts up over there talking about people over here. It's as if they have nothing better to do with their lives.

Well done for pointing this out, and identifying the actions as those performed by a "desperate bunch of losers".

Wookster

London's 3.2% is probably weighted to the nicer & more high end (£1m+) parts and properties. It'd interesting to see the move by borough.

Still, its a pretty muted result given all the crutches to the market - ultra low IRs, QE, banks not really reposessing customers in arrears.

Still to come - full effects of inflation, IR rises, public sector cuts.

Not much upward pressure on prices!

ukcarper

Wookster wrote: »

London's 3.2% is probably weighted to the nicer & more high end (£1m+) parts and properties. It'd interesting to see the move by borough.

Still, its a pretty muted result given all the crutches to the market - ultra low IRs, QE, banks not really reposessing customers in arrears.

Still to come - full effects of inflation, IR rises, public sector cuts.

Not much upward pressure on prices!

it's in the report

FTBFun

Wookster wrote: »

London's 3.2% is probably weighted to the nicer & more high end (£1m+) parts and properties. It'd interesting to see the move by borough.

As ukcarper says, its in the report.

FYI - my borough (Southwark) has a 4% YOY increase. Like most of London though it is fairly mixed - you get the expensive stuff near London Bridge and places like Dulwich, middling places like East Dulwich, and shitholes like anywhere near the Old Kent Road/Bermondsey. I'd say apart from the obvious candidates (Chelsea and Kensington, Westminster) most boroughs have a fair mix of properties.

Cleaver

Sibley wrote: »

What I find highly amusing now is watching HPC responses to good and bad news.

When any data is released that indicates upward movement of good news they totally blank it out. Anything and I mean anything that gives a downward indication and WHAM they bung hundreds of ' It's here' ' Crash speed ahead' posts on their board. :rotfl:

Does this remind you of anyone else? Possibly someone who's name rhymes with vicar of dibley? Try swapping the word 'upward' for 'downward' and 'good' for 'bad', reading the paragraph back and see if it feels familiar?

Generali

Wookster wrote: »

London's 3.2% is probably weighted to the nicer & more high end (£1m+) parts and properties. It'd interesting to see the move by borough.

Go to the OP's link and the borough-by-borough data are there. There's a pretty clear correlation between average house price and rate of increase of house prices for the past year. High price areas have had high rises, low price areas low ones in general.

gingertips

6 months of consecutive falling prices and I will believe the hype that prices are dropping