Definitely no buyers up here!

Gwendo40

knightstyle wrote: »

Just checked sold numbers again, our house is up for £150k, agent said £160 but we said £150, and I searched for houses sold between £120k and £150k in the last six months, 27 sold, in the last three months, 2 sold!
So please do not say things are selling as normal!

If by ''normal'' you mean idiots paying pretty much any asking price without question, doing whatever they can to take on as much mortgage debt as humanly possible and actually being proud of the fact they've bought a property at a new record high for that particular road...
then no, things are no longer ''normal''

Thrugelmir

Spring will shortly be here. Market will pick up. Takes time for chains to form.

Crashy_Time

Thrugelmir wrote: »

Spring will shortly be here. Market will pick up. Takes time for chains to form.

Not this Spring.

epinjy

Since we are posting our anecdotal accounts, North Northamptonshire still seems to be going strong. I'd expect it to be picking up even more this spring and summer as those waiting for a non existent brexit crash realise it isn't going to happen and then flood the market with higher demand to try play catch up.

markin

Halifax’s index

"February's house price growth of 5.9% was the highest since records began in 1983, and reversed a surprising fall of 2.5% in January"


"January grew by just 0.8 per cent year-on-year."

VS

"Nationwide found in its own index at the end of January that prices inched up just 0.1 per cent in the year to January 2019."

https://www.dailymail.co.uk/money/mortgageshome/article-6781531/House-prices-grow-highest-record-February-fall-January.html


Who to believe.....

Crashy_Time

markin wrote: »

Halifax’s index

"February's house price growth of 5.9% was the highest since records began in 1983, and reversed a surprising fall of 2.5% in January"


"January grew by just 0.8 per cent year-on-year."

VS

"Nationwide found in its own index at the end of January that prices inched up just 0.1 per cent in the year to January 2019."

https://www.dailymail.co.uk/money/mortgageshome/article-6781531/House-prices-grow-highest-record-February-fall-January.html


Who to believe.....

Tricky one.

https://www.telegraph.co.uk/property/house-prices/volatile-halifax-house-price-index-sparks-doubts-reliability/

51mm5

Oooof Plus 6% wow. I wonder if you'd be so quick to rubbish them if they were -6% Crashy. How's your low transaction mantra working out for you now?

Crashy_Time

51mm5 wrote: »

Oooof Plus 6% wow. I wonder if you'd be so quick to rubbish them if they were -6% Crashy. How's your low transaction mantra working out for you now?

Low transactions don`t affect me, they affect people trying to sell houses, higher headline prices and falling transactions don`t help sellers.