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Debate House Prices
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Halifax July - 0.6% MOM, -0.6% YOY
Graham_Devon
Posts: 58,560 Forumite
Halifax suggest house prices are therefore stable.The UK housing market is still in the doldrums, figures from the Halifax show.
Its latest monthly survey shows that prices fell by 0.6% in July compared with June, to leave the average house price across the country at £161,094.
This means that average prices are also 0.6% lower than a year ago.
The Halifax predicted that there would be little change in the remainder of this year, unless the recession becomes worse.
http://www.bbc.co.uk/news/business-19145833
Last month has also been downgraded to +0.8% (from +1%)
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Is that it
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Here is a link to the actual report:
http://www.lloydsbankinggroup.com/media/pdfs/halifax/2012/0608_HPI.pdfChuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
shortchanged wrote: »You'll have to rent for a bit longer Dan:
Thats fine, im in no rush to buy just yet.0 -
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shortchanged wrote: »When did you sell your house then Dan:?
I signed it over to my ex about 12 months ago.0 -
I signed it over to my ex about 12 months ago.
That's a bummer seeing as you were on such a good mortgage rate. You must be spending a hell of a lot more on accommodation now, plus added to the fact that any new mortgage you take out now will be much more expensive.0 -
shortchanged wrote: »That's a bummer seeing as you were on such a good mortgage rate. You must be spending a hell of a lot more on accommodation now, plus added to the fact that any new mortgage you take out now will be much more expensive.
Yes but that's life I guess.
I am paying about £300 more in rent (abeit it is a nicer area) then I was with my old mortgage.
Financally it was a bad move but im happier than what I was. I am getting married this Sat :beer: and then we are just going to save for a deposit. I already have a decent amount saved, but like I said i am in no rush.0 -
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