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Debate House Prices


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Halifax - June mom + 1.2%

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Comments

  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    This is good news.
    Prices will hit the 16% rise predicted by the Express.

    HPC are mortified. Not only is their dream over. They are getting totally hammered into the ground.
    We love Sarah O Grady
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    http://www.telegraph.co.uk/finance/economics/houseprices/8619856/UK-house-prices-enjoy-surprise-bounce-in-June.html

    UK house prices "enjoy" rise and offer "glimmer of hope", say Telegraph.
    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 ForumTeam
  • michaels
    michaels Posts: 29,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Are these real terms or nominal?

    What is wage growth? What is the savings ratio? Change in external balance? - I.E. where is this extra spending money coming from?
    Generali wrote: »
    The plural of annecdote isn't data.

    The data show that car production is up 4.7% on the year (link - tab 4.1d) and retail sales are up 2.8% on the year (link - tab 5.1). Services turnover increaed by 6.1% in the year to April 2011 (link).
    I think....
  • DervProf
    DervProf Posts: 4,035 Forumite
    Sibley wrote: »
    This is good news.
    Prices will hit the 16% rise predicted by the Express.

    HPC are mortified. Not only is their dream over. They are getting totally hammered into the ground.

    Just like your dream, it's over. Unless you can find >£750K and the new owner decides they want to sell it to you.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Jegersmart
    Jegersmart Posts: 1,158 Forumite
    Turnbull2000 wrote: »
    UK house prices "enjoy" rise and offer "glimmer of hope", say Telegraph.

    This is a bit like a broker rec when talking financial markets. Are you looking to sell? ;)
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sibley wrote: »
    This is good news.
    Prices will hit the 16% rise predicted by the Express.

    HPC are mortified. Not only is their dream over. They are getting totally hammered into the ground.

    Different day, same old nonsense from sibley
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    I don't go looking for good or bad news.

    Never said you did, but bad news tends to find it way on here quicker than good news.

    I don't think anyone on here would disagree on that, the service sector growth from yesterday kind of proves my point.
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Generali wrote: »
    The plural of annecdote isn't data.

    The data show that car production is up 4.7% on the year (link - tab 4.1d) and retail sales are up 2.8% on the year (link - tab 5.1). Services turnover increaed by 6.1% in the year to April 2011 (link).

    That also proves my point.:D
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    DervProf wrote: »
    OK, I'll tell anyone who tells me that their business is quiet, or they are losing their job that things are looking up.

    That happens in a boom, you cant use individual examples as a rule for all.

    That is what these surveys are for.
  • Jegersmart
    Jegersmart Posts: 1,158 Forumite
    Really2 wrote: »
    That also proves my point.:D

    It is a matter of interpretation - basically anyone can see bullish or bearish information in these in order to justify one's own inclination. I am only interested in making money through investments rather than be proven "right" so will change my view easily and without hesitation but always try to look at the information completely objectively.
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