rantnrave Posted May 16, 2017 Share Posted May 16, 2017 More here: https://www.gov.uk/government/news/uk-house-price-index-hpi-for-march-2017 Quote Link to comment Share on other sites More sharing options...
Conquistador Posted May 16, 2017 Share Posted May 16, 2017 London +1.5% annual - a real terms fall. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 Just now, rantnrave said: More here: https://www.gov.uk/government/news/uk-house-price-index-hpi-for-march-2017 Let me guess:  1) Last months revised down 2) London going through the floor 3) Shires going through the roof.  Judging by the number of price drops I am seeing round Northants 3) is about to follow 2.)  Quote Link to comment Share on other sites More sharing options...
TulipsFromThreadneedle Posted May 16, 2017 Share Posted May 16, 2017 I went for a rise, good to be wrong. CPI up to 2.7% Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 London saw the most significant monthly price fall with a movement of -1.5% Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2017 Author Share Posted May 16, 2017 Full stats for England: https://www.gov.uk/government/publications/uk-house-price-index-england-march-2017/uk-house-price-index-england-march-2017 Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 Spring Trounce Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 Mpt a bad guess: Â East Midlands and the East of England experienced the greatest increase in average property price over the last 12 months, each with a movement of 6.7% London saw the most significant monthly price fall with a movement of -1.5% Â I can only imagine investors have been piling into the East midlands, no on in their right mind would be paying the asking prices to live in some of the s**t I am seeing listed. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 the number of completed house sales in England fell by 16.6% to 50,790 compared with 60,923 in January 2016 the number of completed house sales in Wales fell by 2.3% to 2,762 compared with 2,828 in January 2016 the number of completed house sales in London fell by 26.3% to 5,968 compared with 8,093 in January 2016 Â The perfect storm is coming. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2017 Author Share Posted May 16, 2017 (edited) Says it all Annual price change for England and London over the past 5 years  Edited May 16, 2017 by rantnrave Quote Link to comment Share on other sites More sharing options...
Diver Dan Posted May 16, 2017 Share Posted May 16, 2017 1 minute ago, rantnrave said: Says it all  Not really, you haven't given it a title or labeled your axes. #statistics101 Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2017 Author Share Posted May 16, 2017 1 minute ago, Diver Dan said: Not really, you haven't given it a title or labeled your axes. #statistics101 Fixed Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 6 minutes ago, rantnrave said: Says it all Annual price change for England and London over the past 5 years  It's like an extreme version of Browns insane bubble Quote Link to comment Share on other sites More sharing options...
ASBEAR Posted May 16, 2017 Share Posted May 16, 2017 I've updated http://hpc.soboru.co.uk/ to grab the new Land Registry data. London's annual change is just about to back to 2011. Sales volume has been already as low as 2011. Sold price is falling. I can't wait to see the next month's graph.  Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 16, 2017 Author Share Posted May 16, 2017 2 minutes ago, ASBEAR said: I've updated http://hpc.soboru.co.uk/ to grab the new Land Registry data. London's annual change is just about to back to 2011. Sales volume has been already as low as 2011. Sold price is falling. I can't wait to see the next month's graph.  This data is of course for March, so looking in the rearview mirror already... Quote Link to comment Share on other sites More sharing options...
InlikeFlynn Posted May 16, 2017 Share Posted May 16, 2017 (edited) Sometimes it's great to be wrong. I was predicting on another thread that the LR stats would be positive as they lag the Nationwide and Halifax indices. How wrong I was - Hurrah. Over the next few months we need more of these falls Edited May 16, 2017 by InlikeFlynn Spewling Quote Link to comment Share on other sites More sharing options...
darkmarket Posted May 16, 2017 Share Posted May 16, 2017 Excellent news. Together with this morning's inflation data, the BoE, BTLers and holders of junk mortgages are all in a pickle. Interesting timing just before a general election too. Quote Link to comment Share on other sites More sharing options...
TulipsFromThreadneedle Posted May 16, 2017 Share Posted May 16, 2017 And this is with more QE, TFS and dropping rates to 0.25%. Â Â Quote Link to comment Share on other sites More sharing options...
slawek Posted May 16, 2017 Share Posted May 16, 2017 8 minutes ago, ASBEAR said: I've updated http://hpc.soboru.co.uk/ to grab the new Land Registry data. London's annual change is just about to back to 2011. Sales volume has been already as low as 2011. Sold price is falling. I can't wait to see the next month's graph.  It is clear Brexit has stopped the party but the prices are virtually flat since then. We need the purple line to dive.  Quote Link to comment Share on other sites More sharing options...
frederico Posted May 16, 2017 Share Posted May 16, 2017 Brexit innit Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 3 minutes ago, darkmarket said: Excellent news. Together with this morning's inflation data, the BoE, BTLers and holders of junk mortgages are all in a pickle. Interesting timing just before a general election too. The Election is well timed...it's 20 days away, too soon for any effects top be felt and any decisions made to support whatever policys the government takes.  It'll either be more theft/low IRs and money printing after June, or the bankers being thrown to the lions, IRs going up and a house prices halving.  Quote Link to comment Share on other sites More sharing options...
ASBEAR Posted May 16, 2017 Share Posted May 16, 2017 1 minute ago, slawek said: It is clear Brexit has stopped the party but the prices are virtually flat since then. We need the purple line to dive.  It looks flat but it has actually fallen considering the inflation. But I want to see REAL fall soon! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 BBC news strangely quiet today.... Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 16, 2017 Share Posted May 16, 2017 1 minute ago, ASBEAR said: It looks flat but it has actually fallen considering the inflation. But I want to see REAL fall soon!  5 minutes ago, slawek said: It is clear Brexit has stopped the party but the prices are virtually flat since then. We need the purple line to dive.  The prices followed the salves volume up.  Do you have the graph before 2010 to see what happened before that when volumes collapsed ? Quote Link to comment Share on other sites More sharing options...
ASBEAR Posted May 16, 2017 Share Posted May 16, 2017 3 minutes ago, TheCountOfNowhere said:  The prices followed the salves volume up.  Do you have the graph before 2010 to see what happened before that when volumes collapsed ? I've just created one for you. You can create the chart here http://hpc.soboru.co.uk/ Quote Link to comment Share on other sites More sharing options...
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