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MSE News: House prices climbed in October, says latest report

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House prices climbed in October, says latest report
House prices climbed in October, says latest report
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..... and one of these days someone will "Thank" one of my posts lol
the halifax data seems to show that:
(1) prices are falling [we seem sure to end the 2010 down by a few percent];
(2) but only slowly.
i'm not unhappy with that.
We'll see. I'm not sure low rates can prevent it - hasn't rescued some parts of the US (yes know of the differences) as public sector costs reforms kick in, uni fees shoot up ect ect. Low rates are certainly recuing the debt heads though, and denying entry to those who should have been allowed opportunity via corrective market forces.
Quarterly shows -1.2%, this is a less "noisy" measure - slow but steady falls seems to be the trend
Indeed, many predicted a stagnant year.
We saw increases in the first half and now declines in the second half.
2010 will turn out as many predicted to be a stagnant year.
P.s. doubt this thread will see 34+ pages
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:
What a surprise, the biggest fall is followed by the biggest rise for 1year +.
I take it the Halifax has lost its credibility (again) with this month.
To me this screams the Halifax are not doing many transactions as their data is so much wilder than the nationwide and LR.