stuckmojo Posted May 4, 2012 Share Posted May 4, 2012 Now last month was 2.2%, surprise surprise. Get twittering! Quote Link to comment Share on other sites More sharing options...
Guest Posted May 4, 2012 Share Posted May 4, 2012 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 Quote Link to comment Share on other sites More sharing options...
Paul77 Posted May 4, 2012 Share Posted May 4, 2012 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 Oh man don't say that, you will p!ss off homeowners mortgage prisoners. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 4, 2012 Share Posted May 4, 2012 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 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. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted May 4, 2012 Share Posted May 4, 2012 An annualised rate of decline of 25%. marvelous houses will be as cheap as a packet of fags in 10 years. Quote Link to comment Share on other sites More sharing options...
Venger Posted May 4, 2012 Share Posted May 4, 2012 Yes, in your face Forex Factory. Forex Factory (Actual -2.4%) Forecast -0.4%, Previous 2.2% Quote Link to comment Share on other sites More sharing options...
LuckyOne Posted May 4, 2012 Share Posted May 4, 2012 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 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. Quote Link to comment Share on other sites More sharing options...
moonriver Posted May 4, 2012 Share Posted May 4, 2012 -2.4% Happy Spring bounce HPC'ers. Quote Link to comment Share on other sites More sharing options...
cashinmattress Posted May 4, 2012 Share Posted May 4, 2012 12th of August (end of olympics FYI) will see the real pain for UK housing start, or rather, accelerate. Quote Link to comment Share on other sites More sharing options...
Ungeared Posted May 4, 2012 Share Posted May 4, 2012 Great news, this spring bounce is really taking hold sadly it will be kept off the front pages by the local election results. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 4, 2012 Share Posted May 4, 2012 I'll be happy with I see a -2.5 next month too Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted May 4, 2012 Share Posted May 4, 2012 Now last month was 2.2%, surprise surprise. Get twittering! Yup, they had to balance the books after last months unsuccessful attempt to kick off a spring bounce . Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted May 4, 2012 Share Posted May 4, 2012 Yup, they had to balance the books after last months unsuccessful attempt to kick off a spring bounce . 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? Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted May 4, 2012 Share Posted May 4, 2012 I'll be happy with I see a -2.5 next month too Ill be happy when Halifax are no longer issuing mortgages and their stupid index is consigned to the dustbin of history. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted May 4, 2012 Share Posted May 4, 2012 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. Quote Link to comment Share on other sites More sharing options...
Caveat Mortgagor Posted May 4, 2012 Share Posted May 4, 2012 (edited) 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 May 4, 2012 by Caveat Mortgagor Quote Link to comment Share on other sites More sharing options...
sign_of_the_times Posted May 4, 2012 Share Posted May 4, 2012 This one tops it for bearishness...... Love the headline! House prices slipped 2.4pc lower last month and could fall 20pc further i recommend we all email our local agents that link to cheer them up for their bank holidays Quote Link to comment Share on other sites More sharing options...
LuckyOne Posted May 4, 2012 Share Posted May 4, 2012 This one tops it for bearishness...... Love the headline! House prices slipped 2.4pc lower last month and could fall 20pc further We all know the story of the boy who cried wolf. I think that the wolf is actually here this time. Quote Link to comment Share on other sites More sharing options...
moonriver Posted May 4, 2012 Share Posted May 4, 2012 This one tops it for bearishness...... Love the headline! House prices slipped 2.4pc lower last month and could fall 20pc further Regardless of all these "Homes Under the Hammer" shows that are still being aired, the British public are about to fall out of love with property as an "investment", when they read reports like that. Quote Link to comment Share on other sites More sharing options...
scottbeard Posted May 4, 2012 Share Posted May 4, 2012 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? Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted May 4, 2012 Share Posted May 4, 2012 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. Quote Link to comment Share on other sites More sharing options...
Mr. Miyagi Posted May 4, 2012 Share Posted May 4, 2012 i recommend we all email our local agents that link to cheer them up for their bank holidays Sometimes when a particularly ridiculous asking price accompanies a new rightmove listing I send this picture to the local EA in question. Quote Link to comment Share on other sites More sharing options...
moonriver Posted May 4, 2012 Share Posted May 4, 2012 i recommend we all email our local agents that link to cheer them up for their bank holidays 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. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted May 4, 2012 Share Posted May 4, 2012 it has felt like the beginnings of 2008 since then. +1 and this time London is going down with it. Quote Link to comment Share on other sites More sharing options...
Georgia O'Keeffe Posted May 4, 2012 Share Posted May 4, 2012 +1 and this time London is going down with it. Maidstone gains will go a long way to offsetting declines in the rest of the country Quote Link to comment Share on other sites More sharing options...
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