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Debate House Prices


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Och no! House Prices doon in most o' scotland.

geneer
geneer Posts: 4,220 Forumite
in Debate House Prices & the Economy
http://www.bbc.co.uk/news/uk-scotland-scotland-business-13266096

Volumes still nosediving too.
The average cost of a house fell by more than 7% in the first three months of this year compared with the end of 2010.
The number of homes changing hands fell by 35% in the same period.
The total value of the sales across Scotland dropped by 40%, with Stirling seeing the biggest fall of 57%.
The average cost of a property now stands at £146,253 - almost £12,000 less than at the end of 2010.
A total of 12,800 houses changed hands during the first three months of this year - 7,000 fewer than the previous quarter.
Stirling saw one of the biggest falls in the volume of sales, down 52.4%, although Dundee had a 52.7% drop.
«1

Comments

  • Theone1_2
    Theone1_2 Posts: 25 Forumite
    They can ne de it!

    They can ne prop up prices much longer!
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    And amazingly enough, the Scottish average price fell between Q4 and Q1 last year too.... And the year before.... And the year before that as well.

    Nothing to see here, move along. ;)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • geneer
    geneer Posts: 4,220 Forumite
    HAMISH_MCTAVISH wrote: »
    And amazingly enough, the Scottish average price fell between Q4 and Q1 last year too.... And the year before.... And the year before that as well.

    What about the year before that?
    And the year before that?
    And the year before that? ;)
    HAMISH_MCTAVISH wrote: »
    Nothing to see here, move along. ;)

    :rotfl:

    Just this little graph.
    seasonalvariations.jpg

    Oh and hamish, in case you missed it, we're down on this time last year too.
    I mean YOY is your fave right? ;)
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    geneer wrote: »
    Oh and hamish, in case you missed it, we're down on this time last year too.

    So the question is Geneer do you think with these massive falls you'll be willing to buy a house?
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    I was wondering when this thread would appear.

    i wasnt wondering what hamishes respone would be.

    Is scotland tanking more than the north west of england, anybody got a graph that compares the two.
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    So the question is Geneer do you think with these massive falls you'll be willing to buy a house?

    Geneer cant aford to buy in NI where prices really have tanked.

    I think we are talking bingo caller or magazine mailer here :)
    We love Sarah O Grady
  • edinburgher
    edinburgher Posts: 14,497 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    We moved rental properties last week - lovely area - think we'll need a good bit more falling before we can afford to buy comfortably tho' :o
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    Sibley wrote: »
    Geneer cant aford to buy in NI where prices really have tanked.

    I think we are talking bingo caller or magazine mailer here :)

    hey - bingo caller is a noble profession. it's not any old fool who can convincingly deliver classic lines such as two fat ladies etc.
    FACT.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Jimmy_31 wrote: »
    I was wondering when this thread would appear.

    i wasnt wondering what hamishes respone would be.

    Is scotland tanking more than the north west of england, anybody got a graph that compares the two.

    Yearly figures Scotland down 1.1% ROS North West down 3.7% Land Reg and for Hamish Aberdeen up 4.5%.
  • DervProf
    DervProf Posts: 4,035 Forumite
    geneer wrote: »
    What about the year before that?
    And the year before that?
    And the year before that? ;)



    :rotfl:

    Just this little graph.
    seasonalvariations.jpg

    Oh and hamish, in case you missed it, we're down on this time last year too.
    I mean YOY is your fave right? ;)

    A graph that Hamish can't delete (or can he ?).
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
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