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MSE News: Halifax - House prices fell during April
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This is known commonly in the business as : The spring bounce effect.
Nothing to worry about as prices will resume shortly
Eh??????????????
It's more like a spring splat. :rotfl:Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
eBay sales - £4,559.89 Cashback - £2,309.730 -
Is there anyone here who thinks house prices aren't going to fall in the coming months?:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Spring is usually the time that house prices rise so April's fall must be a worry for those hoping for even more ridiculous prices.
Whether or not the extra Bank Holidays had any impact I don't know.
The down side for FTBers is that once the Condems slash and burn policy bites, prices may be a lot lower but they will be even more unaffordable unless they are cash buyers. Mortgages will remian rarer than hen's teeth for some years to come.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
Gorgeous_George wrote: »Spring is usually the time that house prices rise so April's fall must be a worry for those hoping for even more ridiculous prices.
Whether or not the extra Bank Holidays had any impact I don't know.
The down side for FTBers is that once the Condems slash and burn policy bites, prices may be a lot lower but they will be even more unaffordable unless they are cash buyers. Mortgages will remian rarer than hen's teeth for some years to come.
GG
And that's GOOD news for prudent FTBs! :T Save hard, and in the meantime prices will fall so far that you will be ABLE to buy for cash (or as near as possible) if you work hard at it.
Agree re April - a very odd month for prices to fall, and by so much! :eek: Kirstie Allslop (no, the extra 'l' is not a typo) must be beside herself with rage. I can just imagine her stamping her well-bred foot in frustration. :rotfl:Is there anyone here who thinks house prices aren't going to fall in the coming months?
Not me anyway. :rotfl:Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
eBay sales - £4,559.89 Cashback - £2,309.730 -
Gorgeous_George wrote: »The down side for FTBers is that once the Condems slash and burn policy bites, prices may be a lot lower but they will be even more unaffordable unless they are cash buyers.
Fail to see the connection between economic policy and affordability for FTB's.0
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