Lang Reigstry Nov +0.3%MOM +0.9%YOY

Graham_Devon

London up 7% YOY.

Biggest rise outside of London in the year was in Carmarthen!!!!!, at +3.4%.

Biggest drop was in Blaenau Gwent, down 13.5% YOY.

Though prices are up this month, they are down this month.

Average price this month = £161,490
Average price last month = £161,605

Apparently, the reason for the increase in prices in London, according to an independant buyer, is lack of stock. Trouble is, see, families are looking for a price range of £800k - £1.3m apparently.

Anyway, !!!!!! news.

For those who want to pour over the figures and find out whether I've missed a . or put an apostrophe in the wrong place: http://www.landregistry.gov.uk/public/house-prices-and-sales

wotsthat

Graham_Devon wrote: »

For those who want to pour over the figures and find out whether I've missed a . or put an apostrophe in the wrong place:

Well, seeing as you are canvassing for comments, there is the spelling of 'land' and 'registry' in the thread title..

Apart from that - well done.

Conrad

Graham prices are not going to drop. Investors are out in force in London and surrounding counties because the business case is so sound, despite what some claim on here.

Add to that the rebalancing economy, lowest corporate tax rate in G20, highest employment in our history, highest number of new biz start - ups, big expansion into developing world and many other key positive indicators such as inward investment and it's alomost beyond doubt that prices will pick up apace.

Graham_Devon

Darn it. Thought I'd got the title right too. Last time I got in trouble for not adding the yearly figure (even though is wasn't even available).

Seems I was so fixated on making sure there were no apostrophies and that the formatting was to a standard Hamish would accept (though I have a feeling this month he wouldn't give a damn) my fingers were all confizzled.

wotsthat

Can't help thinking that things have gone from flat/ negative to flat/ positive.

With a squint it also looks as if transaction levels have been increasing for a while.

NEO72

So the LR quietly revises last months down by an additional 0.3% and hey presto, we get a 0.3% headline rise this month!! Even old mctwatty would be proud of that number jungling.

Graham_Devon

NEO72 wrote: »

So the LR quietly revises last months down by an additional 0.3% and hey presto, we get a 0.3% headline rise this month!! Even old mctwatty would be proud of that number jungling.

Did they?

Rotters.

HAMISH_MCTAVISH

Excellent News.

A year of gently rising prices on Land Registry. ONS and Acadametrics showing stronger rises. Halifax within a few hundred quid of the same month last year, and nationwide slightly down but will doubtless catch up with the others soon.

And the latest Halifax release noted that the average FTB house price was up 3% this year, on a 12% increase in FTB volume.

Not a bad result for the year all things considered.

Mr._Pricklepants

Excellent...the good news keeps pouring in!
Record breaking Christmas sales figures, FTSE up 6% in 2012, employment significantly up since Jan '12, banks balance sheets greatly restored, favourable mortgage interest rates...:)

Graham_Devon

Well I'm just glad it's not just noise this month.

Mr._Pricklepants

Graham_Devon wrote: »

Well I'm just glad it's not just noise this month.

But it is Graham... 0.3 MoM is noise.