Nationwide September 2015 - +3.8% YoY

mayonnaise

http://www.nationwide.co.uk/~/media/MainSite/documents/about/house-price-index/Sep-Q3-2015.pdf

As I've been saying for a while now and confirmed by Nationwide's Chief Economist:

Commenting on the figures, Robert Gardner,
Nationwide's Chief Economist, said: “UK house prices increased by 0.5% in September, with the annual pace of house price growth picking up modestly to
3.8%, from 3.2% in August.
“The data in recent months provides some encouragement that the pace of house price increases may be stabilising close to the pace of earnings growth".

Good news, I'm sure we can all agree?

Carl31

would you not call this bad news? surely 3.2% growth can be bettered elsewhere from an investment point of view? lower growth could see investors pulling out and putting their money elsewhere

mayonnaise

Houses for homes, not for profit, Carl.

Generali

mayonnaise wrote: »

http://www.nationwide.co.uk/~/media/MainSite/documents/about/house-price-index/Sep-Q3-2015.pdf

As I've been saying for a while now and confirmed by Nationwide's Chief Economist:



Good news, I'm sure we can all agree?

Surely what he really said was that there was a load of noise last month and that helped result in a price rise of the best part of 4% over the year.

Someone will be along soon to explain why a change in unemployment of 5,000 is in some way significant.

chucknorris

Carl31 wrote: »

would you not call this bad news? surely 3.2% growth can be bettered elsewhere from an investment point of view? lower growth could see investors pulling out and putting their money elsewhere

WHERE?

Where can you get 3.2% plus either actual rental profit or imputed rental profit?

wotsthat

Carl31 wrote: »

would you not call this bad news? surely 3.2% growth can be bettered elsewhere from an investment point of view? lower growth could see investors pulling out and putting their money elsewhere

3.2% growth and a yield on the income. Maybe we should start a whip round.

As for the OO forget the growth. Prices go up and down but imputed rent is the gift that keeps on giving.

wotsthat

Generali wrote: »

Surely what he really said was that there was a load of noise last month and that helped result in a price rise of the best part of 4% over the year.

Someone will be along soon to explain why a change in unemployment of 5,000 is in some way significant.

I'm loving the talking heads and commentators recently trying to explain the large stock market movements on a minute by minute basis. Stock markets down a lot - "it's China, Glencore, the Fed, profit taking"; 3 hours later when markets are up a lot and absolutely nothing fundamental has changed "errr.. it was oversold, people are seeing value at these levels, maybe the end of the world is next week instead"