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Debate House Prices
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Halifax -1.2% August
Comments
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You had a door? Luxury. We lived in a boot. We could only dream of doors.Thrugelmir wrote: »Windows? Luxury.
There was a 12 inch gap at the top and bottom of the door.
PS I'm not in my 80's. Times have moved very rapidly in a very short space of time......0 -
Graham_Devon wrote: »Hamish, you missed a bit?
Spose that's stagnation too though?
How will that -2.6% lower look next month? looks like there is a 3.8% drop to fall out?
If it is not stagnation in your view and yoy goes positive next month are you saying there would be a upward trend?
To me prices hardly changing over a 12 month period is stagnation? it will look even more like a year of stagnation when the -3.8% drops out.
There is no downward or upward trend at the moment and prices are around static on 12 months.0 -
I think I saw it but I may be going mad too as I've been talking about outside bogs, lynx deodorant and gold on this thread.
Well I've changed by password now, hopefully that will work.
Anyway house prices should fall for about another 8 months before the next vested interest propaganda campaign timed with the spring bounce.
Signature updated
:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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http://www.lloydsbankinggroup.com/media1/economic_insight/halifax_house_price_index_page.asp
Not sure what to make of this (but as Halifax aren't either then I think we should view it with caution).
I look forward to the Express telling its readers about this.....oh wait0 -
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Aug 2010 ave price was 168k compared to Aug 2011 161k there is your annual drop.
However, annually, next month will probably still be around 161k (september 2011) and last years September (2010) was £161, so the annual falls will soon drop out too. I said this at the start of the year, what will start as falls will end as stagnation... Even though prices have basically been stable ALL year...
In september this is where we will be... in December it wont be too much different either... Stagnation folks... get used to it, its here for a few years yet!Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)0 -
Well I've changed by password now, hopefully that will work.
Anyway house prices should fall for about another 8 months before the next vested interest propaganda campaign timed with the spring bounce.
Signature updated
You need to check that you have updated your signature correctly.
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Well I've changed by password now, hopefully that will work.
Anyway house prices should fall for about another 8 months before the next vested interest propaganda campaign timed with the spring bounce.
Signature updated
Not exactly 50% by Christmas territory is it
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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