rantnrave

Halifax Minus 2.4%

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The UK average price in April 2012, at £159,883, was virtually the same as in December 2011 (£159,888).

Um, hang on.... The UK average price in April 2012 was virtually the same as in JUNE 2004! So that's 7 years without any house price growth :D:D:D

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Um, hang on.... The UK average price in April 2012 was virtually the same as in JUNE 2004! So that's 7 years without any house price growth :D:D:D

Oh man don't say that, you will p!ss off homeowners mortgage prisoners.

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Um, hang on.... The UK average price in April 2012 was virtually the same as in JUNE 2004! So that's 7 years without any house price growth :D:D:D

Asking prices at all time high though !!!

Some people must be getting stung big time and some people must be getting a fairly priced house.

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An annualised rate of decline of 25%.

marvelous

houses will be as cheap as a packet of fags in 10 years.

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Um, hang on.... The UK average price in April 2012 was virtually the same as in JUNE 2004! So that's 7 years without any house price growth :D:D:D

We really need to breach the April 09 low of £154,716 to confirm that the move up from that level was truly just a dead cat bounce.

With articles like this, it does look like it is only a matter of time.

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Great news, this spring bounce is really taking hold :lol: sadly it will be kept off the front pages by the local election results.

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Yup, they had to balance the books after last months unsuccessful attempt to kick off a spring bounce :lol:.

Or they thought on a day when the news will be full of local election stuff they could slip a negative in unnoticed, then put a positive in next month?

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I'll be happy with I see a -2.5 next month too :P

Ill be happy when Halifax are no longer issuing mortgages and their stupid index is consigned to the dustbin of history.

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Or they thought on a day when the news will be full of local election stuff they could slip a negative in unnoticed, then put a positive in next month?

Could be, reminds me of the old nine bob note.

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We really need to breach the April 09 low of £154,716 to confirm that the move up from that level was truly just a dead cat bounce.

With articles like this, it does look like it is only a matter of time.

This one tops it for bearishness...... Love the headline!

House prices slipped 2.4pc lower last month and could fall 20pc further

Edited by Caveat Mortgagor

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Are the MoM figures saying that afer a "silly" month in March with people trying to beat the stamp duty deadline there is now a return to just below February 2012 levels?

Or is +2% one month, -2% the next month just statistical noise and the QoQ figures (+0.3%) and YoY figures (-0.5%) are a better measure that actually house prices at the moment are not really changing a lot either way?

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Does anyone remember the 2% fall in early 2008 and when challenged about it Clown replied 'I realy don't think a one month statistic is important given the huige rises over 15 years'. Then the rest of 2008 happened.

I have been saying to my wife, since October, that it has felt like the beginnings of 2008 since then.

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i recommend we all email our local agents that link to cheer them up for their bank holidays B)

Sometimes when a particularly ridiculous asking price accompanies a new rightmove listing I send this picture to the local EA in question.

70808681-kite-flying.jpg

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i recommend we all email our local agents that link to cheer them up for their bank holidays B)

I bet TMT is putting his coat on already, ready to visit all those estate agents in Swansea, to make sure they are aware of this news. :lol:

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