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Nationwide Q3 figures

Monthly report due out soon but here is the Quarterly Report:

http://www.nationwide.co.uk/hpi/historical/Q3_2011.pdf


"“For the UK as a whole, prices were virtually unchanged
in the third quarter, with a 0.1% seasonally adjusted fall.
There was a slight improvement in the annual rate of
change from -1.2% to -0.5%".

Second leg down anyone?

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Pimperne1 wrote: »
    Monthly report due out soon but here is the Quarterly Report:

    http://www.nationwide.co.uk/hpi/historical/Q3_2011.pdf


    "“For the UK as a whole, prices were virtually unchanged
    in the third quarter, with a 0.1% seasonally adjusted fall.
    There was a slight improvement in the annual rate of
    change from -1.2% to -0.5%".

    Second leg down anyone?

    The figures are down. You realise that, yes?
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    The figures are down. You realise that, yes?

    -0.1% over a quarter, yes. If this carries on they could be, well, nearly half a percent down by this time next year.
  • WestonDave
    WestonDave Posts: 5,154 Forumite
    Rampant Recycler
    5% up here - :eek: (and that's from a homeowner with only an academic interest in prices as I have no intention of moving!)
    Adventure before Dementia!
  • Good job I bought some NSI Index linked certs, when they were still available!

    Got to say that..... gulp.....things 'aint looking good :mad:
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Good job I bought some NSI Index linked certs, when they were still available!

    Got to say that..... gulp.....things 'aint looking good :mad:

    I think those NSI things are fine, don't worry.
  • The figures are down. You realise that, yes?

    Average rent 5.5%.

    Average mortgage 3.5%.

    Average house price -0.5%.

    Even with falling prices it's still cheaper to buy than rent the same property, on average.:)
    “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”

  • Even with falling prices it's still cheaper to buy than rent the same property, on average.:)

    head_in_sand.jpg
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    Nice little 5% rise over the past quarter in Wandsworth. Add that to a 7% rental return, and its great news all round for my latest addition to the property portfolio !!

    ;)
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    head_in_sand.jpg

    I don't reckon many will be interested in your holiday snaps dude!
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