Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Land Reg.. fall of 0.8%

13»

Comments

  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    chucknorris wrote: »
    The ftse 100 passed the 1997 level last month! Some regions have passed the 2007 property peak, and London property prices are well above that now, about 30% over!

    Today's FTSE is composed of a completely different mix of companies compared to 1997. Not sure it makes any sense to compare.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    buglawton wrote: »
    Today's FTSE is composed of a completely different mix of companies compared to 1997. Not sure it makes any sense to compare.

    Tell that to the OP, who I was responding too. But I would add that if you have a ftse 100 tracker (which I do) then the comparison is of course valid.
    Chuck 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 stop
  • shaggydoo
    shaggydoo Posts: 8,435 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    fordcapri2000 wrote: »
    Release date: 20 April 2015

    March House Price Index - headline figures from Land Registry’s HPI show an annual price increase of 5.3 per cent with the average price in England & Wales now £178,007 compared with a peak of £181,049 in November 2007.

    Monthly house prices down 0.8 per cent since February 2015.


    Have you got a link please- I can't find the story anywhere.
    What do we do when we fall? We get up, dust ourselves off and start walking in the right direction again. Perhaps when we fall, it is easy to forget there are people along the way who help us stand and walk with us as we get back on track.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    fordcapri2000 wrote: »

    Looks like UK property prices could become the new FTSE 100, where it peaked in 1997, and has yet to recover to that peak.

    Was 31st December 1999.

    If you factor in reinvested dividend income it surpassed the peak again in 2003 if I recall correctly.

    If houses were like LastMinute.Com then the whole country would be in serious financial trouble.
  • Wi88le
    Wi88le Posts: 168 Forumite
    shaggydoo wrote: »
    Have you got a link please- I can't find the story anywhere.

    It's off land registry twitter account I believe.
    Full report is a week behind I think.
  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    chucknorris wrote: »
    I used to smoke the odd cigar (after more than a few drinks), now I wonder why the hell I ever did that.

    I cant smoke now but i also liked the occasional fat cigar. Loved the ashy taste, especially with a whisky, whats not to love. Cant stand cigarettes though
    Faith, hope, charity, these three; but the greatest of these is charity.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture