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Debate House Prices


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Land Reg +1% Mom +1% Yoy

1246

Comments

  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    IveSeenTheLight wrote: »
    Is Merthr Tydvil in London? ;)
    I thought it was London proping up the prices.

    I believe Merthr sold 2 houses last year.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    chewmylegoff wrote: »
    Presumably this is not a financial disaster for you as the amount you paid for the house you live in is presumably inflating at 0% per year.

    My house isnt growing in value very much, but its still doing better than my wages.

    This doesnt really make me want to thrust.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    meljm2 wrote: »
    Wow!

    London up 7% over the past year?

    My area is up a lot more than that.

    :mad:

    Serves you right for living in Merthyr Tydfil.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Mr._Pricklepants wrote: »
    All regions except North-West and Yorkshire & Humber showed rising prices in 2012, LR data.

    That "London/South East is skewing the numbers" mantra has been shown to be another discredited bear meme.

    Yep.

    Prices rising in most areas.

    :D

    icon_pelvic_thrust2.gif
    “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”
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    When you think about it.

    It has been really evil to advise people to wait for a crash especially over the last year.

    Obvious prices were going to rise.

    I'm happy the vile ones are getting hammered now.
    Not a chance in hell of 1% here or these drop.

    It's dark days from now on for any HPC follower.....
    We love Sarah O Grady
  • james_toney
    james_toney Posts: 178 Forumite
    Sibley wrote: »
    When you think about it.

    It has been really evil to advise people to wait for a crash especially over the last year.

    Obvious prices were going to rise.

    I'm happy the vile ones are getting hammered now.
    Not a chance in hell of 1% here or these drop.

    It's dark days from now on for any HPC follower.....


    could not agree more, :T
    Ex HPC fool
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    IveSeenTheLight wrote: »
    You'll be surprised that there are many other ares which show peak prices in 2012.
    Just looking at the ROSEA, the following areas have average increases in 2012, higher than previous peaks: -

    Aberdeen City
    Aberdeenshire
    Orkney Islands
    Perth and Kinross
    Scottish Borders
    Shetland Islands
    Stirling
    West Dumbartonshire
    West Lothian
    All Scotland

    What was the volume of house sales in these areas recently?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    What was the volume of house sales in these areas recently?
    This data isn't provided in the report. Can you provide the volume of house sales or will your denial not allow you to?
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    chucky wrote: »
    This data isn't provided in the report.

    Aberdeen has been at 65% to 70% of pre credit-crunch volumes recently.

    Other areas are not as fortunate, as many continue to be excluded by mortgage rationing.
    “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”
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    Aberdeen has been at 65% to 70% of pre credit-crunch volumes recently.

    Other areas are not as fortunate, as many continue to be excluded by mortgage rationing.
    Don't expect Thruglmeir to back up any of his posts with any relevant facts either.
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