Property Transactions UP in January 2012

MrRee_2

Highest January level since 2008!!

Mortgage Approvals UP!!

Asking Prices UP!!

Hang on ..... we are on the UP!!

Rejoice - this is going to benefit everyone from the builder to the candlestick maker!!

Amazingly fantastic news!!

MrRee_2

Jan 2009: 41,000
Jan 2010: 50,000
Jan 2011: 52,000
Jan 2012: 64,000

These are the numbers .... clearly, 2009 was the low point - we all know that, the bottom of the market.

It's UP from here on a rapidly increasing number.

AndyGuil

The stamp duty holiday coming to an end soon has caused a spike in demand. This was identified by a number of sources.

MrRee_2

But I thought FTB's could not get on the ladder - that's what you have been telling everybody - Andy Guil.

So, who is causing this spike? If it is a spike, it must be FTB's that are ploughing back into the market?

If you are right - this spike means that FTB's are now realising their dreams of a home of their own.

Rental income and take-up should see a corresponding fall in that case - which it isn't - odd that?

AndyGuil

MrRee wrote: »

But I thought FTB's could not get on the ladder - that's what you have been telling everybody - Andy Guil.

So, who is causing this spike? If it is a spike, it must be FTB's that are ploughing back into the market?

If you are right - this spike means that FTB's are now realising their dreams of a home of their own.

Rental income and take-up should see a corresponding fall in that case - which it isn't - odd that?

It is not black and white like that, slightly concerning that you think it is. There is always some demand over the year, that is normal. What has happened is that some of this demand has been squeezed in before the stamp duty holiday finishes.

nicko33

MrRee wrote: »

If it is a spike, it must be FTB's that are ploughing back into the market?

Why must it be FTBs?
Does nobody else have money for deposits?

quantic

Why are people so obsessed with house prices increasing, ever thought about concentrating on paying off some of it to increase equity instead... house prices rises benefit nobody.

chewmylegoff

PERCY_THE_MUMMIES_BOY wrote: »

Mortgages UP. Prices UP. Transactions UP. This really is good news for jobs and the economy. Clear buy signals.

MrRee, you could at least cover your own tracks properly. Continually spelling "mummy's" as "mummies" makes your multiple identities so unbelievably obvious.

http://forums.moneysavingexpert.com/showpost.php?p=51155701&postcount=54

http://forums.moneysavingexpert.com/showpost.php?p=48864463&postcount=21

http://forums.moneysavingexpert.com/showpost.php?p=49430495&postcount=48


It is actually quite depressing that a grown up can be so pathetic.

CRASH_BANG_WALLOP

another mr ree sockie! :eek: classic mr ree the dude must be afraid of something?

nearlynew

Although I think McTittish's idea is a good one, I think a better way to defeat these idiots is to just ignore their posts.

Additionally, any threads started by them (and we all know who I'm talking about) should be left unanswered and allowed to drift off onto lower pages of the board - never to be seen again.


(Including this one. Please do not reply)

MrRee_2

nearlynew wrote: »

I can post here but you CANNOT post here, this is your dictator speaking

It gets worse ...... :eek: