Houses prices rise again.

Sibley

Link

http://www.express.co.uk/posts/view/309011/Spring-in-the-price-of-houses

HOUSE prices have recorded their biggest “spring bounce” in eight years, figures show.


The typical asking price rose to £236,939 in March, up 4.9 per cent in the first three months of this year and the largest first-quarter increase since 2004, according to Rightmove.
London asking prices reached a new high of £455,159, up 7.3 per cent year-on-year. In the borough of Kensington and Chelsea the average asking price has broken the £2million barrier.
All 10 regions of England and Wales recorded rises in March, with an average increase of 1.6 per cent – the biggest monthly rise in March since 2004.
However, year-on-year, the Midlands, Wales and the North-west have seen prices dip. The West Midlands recorded an annual fall of 2.9 per cent, taking average prices down to £181,925.

HAMISH_MCTAVISH

Rightmove March +1.9% MoM, +2.2% YoY

nollag2006

But I thought house prices were dropping like a stone and that we were all doomed to live off cat food and horse droppings for ever?

I await the deluge of doom-mongers nay saying the increasing tidal wave of evidence of a pice up in the housing market

http://www.rightmove.co.uk/news/house-price-index/march-2012

I stand by my prediction of 5-8% YOY year for London prices, but I don't think the country, as a whole, will be too much lower than that.

RUN_RABBIT_RUN

right-o, i'll get us started -

asking prices mean nothing

monthly figures are just noise

london and the south east skews the figures

most places still have a negative yoy figure

its the daily express, so it must be rubbish

there, i think that covers most of it. anything else?

nollag2006

RUN_RABBIT_RUN wrote: »

right-o, i'll get us started -

asking prices mean nothing

monthly figures are just noise

london and the south east skews the figures

most places still have a negative yoy figure

its the daily express, so it must be rubbish

there, i think that covers most of it. anything else?

You forgot....

Not round my way, they're not. Round my way house prices are dropping like a stone. There is one on my street which has been up for 14 years, and the vendors have reduced the asking from £200k to 50p. Still no one wants it

Expect more such drivel, from Graham, brit, etc

cogito

RUN_RABBIT_RUN wrote: »

right-o, i'll get us started -

asking prices mean nothing

monthly figures are just noise

london and the south east skews the figures

most places still have a negative yoy figure

its the daily express, so it must be rubbish

there, i think that covers most of it. anything else?

Exactly my thoughts.

CRASH_BANG_WALLOP

Sibley wrote: »

Link

http://www.express.co.uk/posts/view/309011/Spring-in-the-price-of-houses

HOUSE prices have recorded their biggest “spring bounce” in eight years, figures show.


The typical asking price rose to £236,939 in March, up 4.9 per cent in the first three months of this year and the largest first-quarter increase since 2004, according to Rightmove.
London asking prices reached a new high of £455,159, up 7.3 per cent year-on-year. In the borough of Kensington and Chelsea the average asking price has broken the £2million barrier.
All 10 regions of England and Wales recorded rises in March, with an average increase of 1.6 per cent – the biggest monthly rise in March since 2004.
However, year-on-year, the Midlands, Wales and the North-west have seen prices dip. The West Midlands recorded an annual fall of 2.9 per cent, taking average prices down to £181,925.

another post on this dude? mree/sibley how come your other thread on this got pulled?

and asking prices :rotfl::rotfl::rotfl:

System

CRASH_BANG_WALLOP wrote: »

hello bettybreadline

FungusFighter, do you not think you look like an utter moron banging on about alias accounts constantly while using your own alias account to do so?

CRASH_BANG_WALLOP

Joeskeppi wrote: »

FungusFighter, do you not think you look like an utter moron banging on about alias accounts constantly while using your own alias account to do so?

fungusfighter who is that?

DaddyBear

The express is such a VI newspaper. The part that made me laugh the most was the inclusion of Chelsea and Kensington prices. You could count the number of Express newspapers sold in Kensington and Chelsea on the fingers of one hand.

Jimmy_31

nollag2006 wrote: »

You forgot....

Not round my way, they're not. Round my way house prices are dropping like a stone. There is one on my street which has been up for 14 years, and the vendors have reduced the asking from £200k to 50p. Still no one wants it

Expect more such drivel, from Graham, brit, etc

Town centre apartments are down to 35k here, they were built during the boom and were first sold for 100/120k.

About 9 for sale in the same block now, 7 are repos.

I wouldnt say they have dropped like a stone as it has taken some time to get to this level of falls, more like dropping like a feather.

The house you mention that has been up for sale for 14 years, is it by any chance next door to your house ?