So... nationwide tomorrow

neas

im happy to have lost. !

dean_ham

dean_ham wrote: »

If its less (than 1.5%), its lies all lies

Seems like they arent lieing

Im putting in my June guess, id say 3% easy in june if its dropped this much in may.

obsessed_saver

dean_ham wrote: »

Seems like they arent lieing

Im putting in my June guess, id say 3% easy in june if its dropped this much in may.

If the drop continues at this rate, we've worked out it'll have dropped -11.5% YoY in Oct 2008 (taking the peak house price in Oct 2007).

If it accelerates...... who knows??

Lotus-eater

The drop won't continue at this rate and this (IMHO of course) is why. The 2.5% drop has already happened, worrying more folk who just thought this was a blip. This is the month the panic really starts to grow, I've already seen it from those in the building/developing business and now its for the general public.
So maybe this month, maybe next month, a bigger monthly drop. I'm predicting no further than that

Tell you one thing that did happen today though. One young lad I was talking to says..... "I'm thinking of buying a house soon", he didn't even know about the figures, guessing he might if he went further into buying.