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Nationwide Hpi M/m -1.0%


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#1 buytoilet

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Posted 29 March 2012 - 06:05 AM

just out on forex http://www.forexfact...om/calendar.php
down 1%
Have a nice day peeps

#2 marlint

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Posted 29 March 2012 - 06:06 AM

Decent drop in this month's figures

#3 neon tetra

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Posted 29 March 2012 - 06:07 AM

http://www.nationwid...al/Mar_2012.pdf

-1% MoM, -0.9% YoY.

#4 GordonBrownSpentMyFuture

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Posted 29 March 2012 - 06:11 AM

The BBC are using the F word. :o

BBC: House prices fell 1% in March, says Nationwide

House prices were pushed lower than a year ago for the first time in six months after prices fell by 1% in March, the Nationwide said.

The price of an average home was down 0.9% compared with a year earlier, at 163,327, the building society said.


This was the biggest annual fall since June 2011.

Nationwide said that the slowdown was to be expected owing to changes in stamp duty rules creating a "headwind" in an already difficult environment.

"In our view the challenging economic backdrop is likely to continue to act as a drag, with house prices moving sideways :rolleyes: or modestly lower over the next 12 months," said Robert Gardner, Nationwide's chief economist.

First-time buyers must now join others in paying at least 1% tax on properties worth more than 125,000, after a two-year "stamp duty holiday" came to an end on Saturday.

Meanwhile, Chancellor George Osborne announced a new 7% stamp duty threshold on properties sold for more than 2m in his Budget.

The Nationwide figures, based on the lender's own mortgage data, also suggested that prices dipped in all but three regions of the UK in the first three months of the year compared with the previous quarter.

The only rises were seen in the North of England, Scotland, and Greater London.


1% down? In a month? In spring? :lol:

#5 getknk

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Posted 29 March 2012 - 06:12 AM

that's a hefty one..
-1% ..
super duper..

Posted Image

Edited by getknk, 29 March 2012 - 06:17 AM.


#6 neon tetra

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Posted 29 March 2012 - 06:15 AM

The BBC are using the F word. :o

BBC: House prices fell 1% in March, says Nationwide



1% down? In a month? In spring? :lol:


Actually up 0.4%, but seasonally adjusted down...

#7 nmarks

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Posted 29 March 2012 - 06:16 AM

Green shoots? :)

Edited by nmarks, 29 March 2012 - 06:19 AM.

The 25 Most Dangerous People In Financial Media

There are some things that men must do in order that they remain as men.

It's not what you know, it's what you can prove in court. Didn't you tell me that once?

It is the duty of all good men to nurture the seed of self-destruction that lies at the core of every evil.

The biggest delusion that humans suffer is to abrogate their powers to others then expect something other than despair.

#8 Pent Up

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Posted 29 March 2012 - 06:19 AM

Actually up 0.4%, but seasonally adjusted down...


Although everyone on here abuses SA figures they are very important as without them all indicies would be totally meaningless rising and falling with the seasons and giving no perspective. Like rightmove.

It does have to be done properly though.

Loving the -1% Stamp duty holiday well and truly over. Let's hope the trend continues!
Remember that buying a house is a highly leveraged investment and can result in losses that exceed your initial deposit. Buying a house may not be suitable for everyone, so please ensure that you fully understand the risks involved.


"The time to buy is when blood is running in the streets" Baron Nathan Rothschild

#9 GordonBrownSpentMyFuture

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Posted 29 March 2012 - 06:22 AM

Nationwide HPI - Graph

March 2001 = 85,077

March 2002 = 96,692

March 2003 = 122,180

March 2004 = 142,584

March 2005 = 153,876

March 2006 = 163,327
...
March 2012 = 162,083

Still some way to go but at least we're heading back in the right direction. ;)

When's the next round of printy printy? <_<

#10 Pent Up

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Posted 29 March 2012 - 06:23 AM

Last month revised down from 0.6 to 0.4 to. A good day :)
Remember that buying a house is a highly leveraged investment and can result in losses that exceed your initial deposit. Buying a house may not be suitable for everyone, so please ensure that you fully understand the risks involved.


"The time to buy is when blood is running in the streets" Baron Nathan Rothschild

#11 Frank Hovis

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Posted 29 March 2012 - 06:26 AM

Nationwide said that the slowdown was to be expected owing to changes in stamp duty rules creating a "headwind" in an already difficult environment.


Surely this is to be expected after the change not before it so this 1% drop was NOT to be expected.

At last, after all the props have ceased to work, it's..... Timber! :)

http://www.youtube.com/watch?v=bNPJuJSVmNA
High house prices - wrecking economies worldwide since 2003

#12 200p

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Posted 29 March 2012 - 06:27 AM

Crash cruise speed

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#13 GordonBrownSpentMyFuture

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Posted 29 March 2012 - 06:27 AM

Actually up 0.4%, but seasonally adjusted down...

About time SA threw us a bone.

#14 admann

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Posted 29 March 2012 - 06:33 AM

Life support is being slowly withdrawn from the economy's brain dead Siamese twin following extensive surgery, and vital signs are weakening. Not long now .......

#15 singlemalt

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Posted 29 March 2012 - 06:49 AM

A few more months like this to get a nice trend going and we're laughing.




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