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Halifax... Down -2.4% for April
Comments
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Bears - Housepricecrash!
Bulls - House prices down £5 this year0 -
Back to June 2004 prices then!
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"The monthly figures continue to fluctuate quite widely with a 2.4%
decline in April, wiping out March's 2.2% rise."
So a 0.2% drop over the last 2 months. I never cease to be amazed at the robustness of property, even in these trying times.0 -
Yeah just think, 6 years with no capital gains & all that dead money gone on interest payments :money:RenovationMan wrote: »"The monthly figures continue to fluctuate quite widely with a 2.4%
decline in April, wiping out March's 2.2% rise."
So a 0.2% drop over the last 2 months. I never cease to be amazed at the robustness of property, even in these trying times.0 -
homelessskilledworker wrote: »
It has now broke the £160k barrier.
That is all the major indicies showing red this month, still early days, but with further tightening of lending and more regulation being introduced over the next few months I now think there is a good chance things are going to get a lot worse.
Big question also is how nasty is the new recession we have just entered going to be. Personally I do not think the Euro crisis has even come close to being resolved, and if that kicks off this recession will turn into something even worse.0 -
homelessskilledworker wrote: »
This time next year, average prices will be lower than now.
100% guaranteed.
Don't believe the hype.0 -
Largest Halifax All Houses, All Buyers (seasonally adjusted) monthly percentage fall since September 2010. Mind you, March (+2.2%) was the highest percentage rise since May 2009.There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0
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mystic_trev wrote: »Bears - Housepricecrash!
Bulls - House prices down £5 this year
I try not to be that selective when choosing time frames, but just for you over the last four years...
Bulls - flat market
Bears - Down £40,000
And that is a -20% nominal fall, the fall is far greater in real terms.0 -
6 years with no capital gains & all that dead money gone on interest payments
Interest payments that would have been significantly lower than the cost of rent on a comparable property for most, thanks to record low rates for the last few years.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
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