House prices fell in October, more houses sold - RICS

Jimmy_31

MrRee wrote: »

The crash was 2009 ... since then it has been climbing.

Sadly, although I could have bought in 2009, I didn't ... believing that prices would fall much further

The start of the crash was 2009:)

geneer

IveSeenTheLight wrote: »

Not so good for aspiring home owners.

Yawn.

Not so good for some aspiring home owners.

Pretty good for those aspiring home owners facing much reduced competition.

IveSeenTheLight wrote: »

It's not that great news for potential buyers

Yawn.

Won't be of much interest to potential buyers when they've bought.

At a much reduced price. Because of reduced competition.

HAMISH_MCTAVISH

geneer wrote: »

It does very much look like prices are falling pretty much everywhere else. Excluding london of course.

:rotfl:

You haven't quite got the hang of this RICS thing yet, have you?

Only in 4 regions of the UK are more than 50% of surveyors reporting falling prices.

In the other 8 regions of the UK, 50% or more of surveyors are reporting rising or stable prices.

DiggerUK

DM1 in SE London is still on the market, and has had one viewing since it went on in June this year.
The asking price is now down to 18% below asking prices at the time of Northern Rock.
How anybody can claim there is no problem with the housing market is beyond me. A new EA will be taken on once the current deal expires, but talking to others in a similar situation, it seems no great hope of a dramatic change can be expected. You housing bulls are wasted, should be on X Factor as Drama Queens.
..._

geneer

HAMISH_MCTAVISH wrote: »

:rotfl:

You haven't quite got the hang of this RICS thing yet, have you?

Only in 4 regions of the UK are more than 50% of surveyors reporting falling prices.

In the other 8 regions of the UK, 50% or more of surveyors are reporting rising or stable prices.

Actually Hamish, another way of looking at it is that: in all but one of the regions, 50% or more of surveyors are reporting stable or falling prices.

5 out of 12 regions are showing more surveyors reporting falls than remaining stable.

There is only one region where reported rises are significant. The rest are relatively meaningless.

And and looking at the national price breakdown chart it appears as if the trend for % break down of respondents reporting a fall is very much upward.


Spin spin away hamish.

HAMISH_MCTAVISH

geneer wrote: »

5 out of 12 regions are showing more surveyors reporting falls than remaining stable.

Ah, so you agree house prices are not falling in the majority of the UK.

Excellent.

Pimperne1

Aberdeenangarse wrote: »

...........and there was Dribley saying sellers wouldn't reduce their prices :rotfl:

Or to put it another way (as the Times did today) in respect of this survey:

"Hope for new dawn for housing market as sales pick up".

http://wriglesworth.wordpress.com/

geneer

HAMISH_MCTAVISH wrote: »

Ah, so you agree house prices are not falling in the majority of the UK.

Excellent.

:rotfl:Of course land reg says they are.

robmatic

HAMISH_MCTAVISH wrote: »

Ah, so you agree house prices are not falling in the majority of the UK.

Excellent.

Spanked!

Poor Geneer.

geneer

HAMISH_MCTAVISH wrote: »

Ah, so you agree house prices are not falling in the majority of the UK.

Excellent.

Oh and also, when in any region some surveyors report that house prices are remaining stable, and some are reporting that house prices are falling, its clear that there are in fact cases of house prices falling in that region.

So taking your tedious game of manipulating the definitions to its logical extreme, it can readily be seen that prices are falling in all but one region of the UK.

Spanked! :rotfl: