Debate House Prices


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Graph !!!!!! 2 - The next Generation

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  • LittleMissAspie
    LittleMissAspie Posts: 2,130 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    cnhousing111b.gif
    It's mad the way it's turned. No gradual slowdown - it really has crashed into a brick wall.

    Here's another beeyootiful graph (Correlation between HPI and mortgage approvals). Most recently mortgage approvals were 42000 I think.
    http://www.houseprices.uk.net/articles/property_transactions/
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Alan_M wrote: »
    Pythagoras probably has a theory about that......

    EUREKA!

    :j
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • chrisandanne
    chrisandanne Posts: 434 Forumite
    Hope you had a nice hol ndg...tried to keep up the 'thanks' for you but I had no chance...it all got too much for me...I had to have a day off !!!. A x
    Don't believe everything you think.

    Blessed are the cracked...for they are the ones who let in the light. A x
  • moanymoany
    moanymoany Posts: 2,877 Forumite
    brit1234 wrote: »
    Yeah I hear the same, green shoots forecast 2014. They are talking about 1.3% rise then after 6 years of falls





    Yes, that would be wise. :huh:


    This armadillo graph is certainly the most attractive graph - but I am having difficulty working out what it means....................:rolleyes:

    As to the rest of this thread I think a virtual bucket of cold water is what's called for.
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    For those of you who find the same !!!!!! gets stale after a while, check this graph from the telegraph detailing the speed of the crash compared to the early 90's.



    cnhousing111b.gif

    Anybody stiil denying there's a crash happening?

    Ouch, that's pwnage central!

    More fodder for all those still claiming the current situation is nothing like the 1990s. Turns out they were right after all - it's much worse! :rotfl:
    poppy10
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    Of course you can also plot the absolute value of the average house price every month. That will also give some sort of idea of the trend.

    Actually here are the graphs of the absolute average house price, Nationwide:
    http://www.housepricecrash.co.uk/indices-nationwide-national.php

    And one for Halifax:
    http://www.housepricecrash.co.uk/indices-halifax-national.php

    Has anyone wondered or could explain why Nationwide average house price is much lower than Halifax? Surely they are working the date from the same market? Yet, the max average house price from Nationwide is October 2007 at £186,044 and Halifax is August 2007 at £199,770...

    Forgive me, I did maths as my degree (well, all three of them...)
    Spring into Spring 2015 - 0.7/12lb
  • neverdespairgirl
    neverdespairgirl Posts: 16,501 Forumite
    Hope you had a nice hol ndg.

    Lovely, thanks! Getting up at 4am today was a !!!!!!!, though (-:
    ...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.
  • Has this little beauty been published here before ?


    wages-house-prices-1971-to-2007.gif


    Looks like it's either massive pay rises or massive house price falls. Gordon ain't going to like it either way.
  • m00m00
    m00m00 Posts: 1,755 Forumite
    the disconnect between wages and house prices has been the number one reason for my belief that a 'correction' was long overdue.
    It's a health benefit ...
  • LisbonLaura
    LisbonLaura Posts: 1,121 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Has this little beauty been published here before ?


    wages-house-prices-1971-to-2007.gif


    Twas only last year on here that a poster told me the days of 3x earnings were gone & that 'affordabilty' was the criteria for lending. Fine by me
    In that case with an overcorrection, mass redundancies, & sky high bills the current loon bygone era asking prices will need to be divided by five.....not the three or four I previously forecast.

    Such a simple graph ---- thxs jce :)
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