We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Land Registry -0.3% MoM, -2.6% YoY

«13456711

Comments

  • brit1234
    brit1234 Posts: 5,385 Forumite
    Good news, however the figures are a month late. We should be having the October figures by now.

    Landregistry staff must of all been on long holidays this year. ;)

    The trend is down and that is good news for first time buyers not so good for landlord portfolios.

    Z
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Road_Hog
    Road_Hog Posts: 2,749 Forumite
    1,000 Posts Combo Breaker
    brit1234 wrote: »
    Good news, however the figures are a month late.

    The trend is down and that is good news for first time buyers

    I hope when you do eventually buy a house, you'll be happy for prices to continue on a downward spiral and push you into negative equity. ;)
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    joguest wrote: »

    About what was expected considering LR lag Haliwide by a month or two.
    If I don't reply to your post,
    you're probably on my ignore list.
  • adwat
    adwat Posts: 255 Forumite
    Mortgage-free Glee!
    Road_Hog wrote: »
    I hope when you do eventually buy a house, you'll be happy for prices to continue on a downward spiral and push you into negative equity. ;)

    That's the trouble with human nature isn't it? We want to buy cheap and then sell high... much better that house prices are steady over time - it's the constant highs and lows that fuel our greed.
    MFi3T2 #98 - Mortgage Free 15/12/2011
  • joguest
    joguest Posts: 233 Forumite
    Rinoa wrote: »
    About what was expected considering LR lag Haliwide by a month or two.

    Fantastic - I look forward to it falling next month as well then:

    6288075929_c31ea48e75.jpg
    (Haliwide=NSA, LR=SA and shifted back to account for lag)
  • brit1234
    brit1234 Posts: 5,385 Forumite
    adwat wrote: »
    That's the trouble with human nature isn't it? We want to buy cheap and then sell high... much better that house prices are steady over time - it's the constant highs and lows that fuel our greed.

    Its not wanting to buy cheap and sell high. Its wanting prices to come down so they are affordable again.

    At the moment they are far too high compared to historical figures. They are correcting and were correct further when interest rates go back up.

    I would be happy for them to fall back to normal and stay there for the rest of my life. I do not want them to go up after I buy because it will put me into more debt when I want to upsize.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    joguest wrote: »
    Fantastic - I look forward to it falling next month as well then:

    6288075929_c31ea48e75.jpg
    (Haliwide=NSA, LR=SA and shifted back to account for lag)

    So, at a time of year when prices in a flat market would tend to drift lower, you're comparing seasonally adjusted LR with non seasonally adjusted Haliwide.

    And you claim to be a scientist?
    If I don't reply to your post,
    you're probably on my ignore list.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    edited 28 October 2011 at 11:57AM
    Double post
    If I don't reply to your post,
    you're probably on my ignore list.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Double post. .....
    If I don't reply to your post,
    you're probably on my ignore list.
  • joguest
    joguest Posts: 233 Forumite
    Rinoa wrote: »
    So, at a time of year when prices in a flat market would tend to drift lower, you're comparing seasonally adjusted LR with non seasonally adjusted Haliwide.

    And you claim to be a scientist?


    Halifax shows SA falls for Aug/Sep
    Nationwide shows a SA fall for Aug and a whopping 0.1% increase for Sep
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.