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Debate House Prices


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Land registry, October, -0.3% MOM

Price now £161,605, down from £162,561 last month.
«1

Comments

  • Noise....... ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Yes. A lot of noise is made about noise when prices fall ;)
  • Yes. A lot of noise is made about noise when prices fall ;)

    I think you'll find that I have agreed there is noise with monthly figures on rises as well.

    You never see me posting a thread about a 0.3% rise or fall..

    In fact I dont recall making any threads about monthly index releases ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yearly figure same as last month up 1.1% still bumping along.
  • Proof no crash 3 cheers for house prices
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    Big deal.

    At the end of the day homeowners will never allow prices to fall.

    Either pay the asking price or rent and pay somebody elses mortgage.

    Up to you but it's win win if your name is on the deed.
    We love Sarah O Grady
  • smamst
    smamst Posts: 1,545 Forumite
    Sibley wrote: »
    Either pay the asking price


    When I buy property I always try to be polite to the sellers and offer them a bit more than the asking price, I thought everybody does this.
  • Price now £161,605, down from £162,561 last month.

    Interesting.

    No mention of the year on year figure being up 1.1%

    Why is that Graham? ;)
    “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”
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Interesting.

    No mention of the year on year figure being up 1.1%

    Why is that Graham? ;)

    My feeling, FWIW, is that the gentle nominal fall in prices has turned into a gentle nominal rise. Add that to falling inflation and real (inflation adjusted) falls will have slowed markedly, albeit that real declines in house prices continue.
  • Yes. A lot of noise is made about noise when prices fall ;)

    And yet you're silent when prices rise.

    Interestingly, you're also silent when there is any positive economic news, yet on top note when there is something negative to report. It's almost as though you want the economy to do badly for reasons of your own....
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