Halifax November: + 1.0%

Generali

Wookster wrote: »

I thought month of month figures were noise?

Unless of course they are rising it would seem.

To be fair he also gives the y-o-y figure which is flat.

the_flying_pig

Generali wrote: »

To be fair he also gives the y-o-y figure which is flat.

not, as is customary on this forum, in the topic title.

a better title might be:

Halifax November: + 1.0% MoM; -0.7% QoQ; -0.0% YoY.

Mr._Pricklepants

the_flying_pig wrote: »

not, as is customary on this forum, in the topic title.

Customary?
You better tell your matey Graham, who fails to mention it both in topic title and opening post.

Land registry, October, -0.3% MOM

ruggedtoast

Turnbull2000 wrote: »

Think the BoE will be tempted to enlarge the scheme? If they can help push through 95% LTV at sub 4% rates, transactions should recover substantially and prices could return beyond peak nationwide, not just London and SE where a chronic property shortage has already ensured this.

I don't know, I'm not sure what it is. They hate it over on hpc.co.uk as if it were a poison or unsightly blemish though.

the_flying_pig

Mr._Pricklepants wrote: »

Customary?
You better tell your matey Graham, who fails to mention it both in topic title and opening post.

Land registry, October, -0.3% MOM

then Graham's a very naughty boy too.

ruggedtoast

I think there is no doubt that people who tried to play the market by STRing have lost out. I have not heard of one credible case of anyone saying they have done well out of this strategy.

Nevertheless, home owners whove been striving on negative or low equity since buying at boom prices arent exactly winners either.

The only people sitting pretty are those privileged to have bought when prices were cheaper , who own outright, or those of the BTL persuasion.

In general high housing costs continue to be a millstone around this countries neck.

brit1234

Generali wrote: »

3 month on 3 month (Halifax's preferred measure) is down 0.7%.

Year-on-year (my preferred method as it directly compares like with like) is flat.:doh:

Year on Year = -1.3%

Not flat but down again for another year.

http://www.lloydsbankinggroup.com/media/pdfs/halifax/2012/HousePriceIndexNovember2012.pdf

moneyinmypocket wrote: »

House prices are stable,

No clearly falling

the_flying_pig wrote: »

not, as is customary on this forum, in the topic title.

a better title might be:

Halifax November: + 1.0% MoM; -0.7% QoQ; -0.0% YoY.

Not if the year on year figures are wrong and actually down.

Jegersmart

Turnbull2000 wrote: »

Think the BoE will be tempted to enlarge the scheme? If they can help push through 95% LTV at sub 4% rates, transactions should recover substantially and prices could return beyond peak nationwide, not just London and SE where a chronic property shortage has already ensured this.

Doubt it, this leaves the lender with not inconsiderable risk.

imho
J

Mr._Pricklepants

brit1234 wrote: »

Not if the year on year figures are wrong and actually down.

You still don't have a clue, do you?

House prices in November 2012 were virtually unchanged compared with November
2011 at an average of £160,879.

moneyinmypocket

brit1234 wrote: »

Year on Year = -1.3%

Not flat but down again for another year.

http://www.lloydsbankinggroup.com/media/pdfs/halifax/2012/HousePriceIndexNovember2012.pdf



No clearly falling



Not if the year on year figures are wrong and actually down.

Hahahahahahaha 50% Brit