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Land Registry -0.3% MoM, -2.6% YoY

joguest
Posts: 233 Forumite
Comments
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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.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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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.0 -
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 15/12/20110 -
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
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Fantastic - I look forward to it falling next month as well then:
(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.0 -
Double postIf I don't reply to your post,
you're probably on my ignore list.0 -
Double post. .....If I don't reply to your post,
you're probably on my ignore list.0 -
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 Sep0
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