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Halifax Minus 2.4%


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#16 rantnrave

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Posted 04 May 2012 - 07:00 AM

MINUS 2.4%

GET IN THERE!

Edited by rantnrave, 04 May 2012 - 07:02 AM.


#17 Dancake

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Posted 04 May 2012 - 07:01 AM

-2.4!!!!

#18 Pent Up

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Posted 04 May 2012 - 07:03 AM

Excellent. Wiped out last month. Any revisions? Whats the full Numbers? Can't view the report as I'm abroad with no internet and I'm risking few quid on my mobile bill just to check the numbers this week!
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

#19 rantnrave

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Posted 04 May 2012 - 07:06 AM

Excellent. Wiped out last month. Any revisions? Whats the full Numbers? Can't view the report as I'm abroad with no internet and I'm risking few quid on my mobile bill just to check the numbers this week!

Can't access it yet...

#20 TheCountOfNowhere

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Posted 04 May 2012 - 07:06 AM

-2.4!!!!


Can I claim nearest prediciton even thought it was tongue in cheek :D

#21 MrFlibble

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Posted 04 May 2012 - 07:06 AM

Lovely Jubbly...

That number will be hard to ignore by the MSM, fingers crossed :P
"Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves." - Norm Franz

In Gold we trust...

#22 Frank Hovis

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Posted 04 May 2012 - 07:07 AM

MINUS 2.4%

GET IN THERE!


What he said :)

Off to check the Daily Express website....

Edit: can't find it there, or anywhere else yet. Too early.

Edited by Frank Hovis, 04 May 2012 - 07:12 AM.

High house prices - wrecking economies worldwide since 2003

#23 rantnrave

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Posted 04 May 2012 - 07:07 AM

Full report here.

160K breached...

My link

#24 neil324

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Posted 04 May 2012 - 07:08 AM

:P

#25 Dancake

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Posted 04 May 2012 - 07:10 AM

Key facts


House prices in the three months to April were 0.3% higher than in the preceding three months (November 2011-January 2012). This was the first increase in prices on this measure of the underlying trend since September 2011 (0.1%), following six successive falls.
On a monthly basis, house prices fell by 2.4% in April. This more than offset the previous month's 2.2% increase as prices continue to fluctuate month-to-month.
Prices in the three months to April were 0.5% lower than in the same period a year earlier. This measure of the annual rate improved slightly from -0.6% in March and showed the smallest fall in prices since October 2010 (+1.2%).
No change in the average UK house price so far this year. The UK average price in April 2012, at 159,883, was virtually the same as in December 2011 (159,888).

#26 hiace_drifter

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Posted 04 May 2012 - 07:10 AM

The main page on the Halifax House Price Index - April 2012 page says this:

UK house price growth on an underlying basis remains relatively subdued, according to the latest Halifax House Price Index.
Commenting, Martin Ellis, housing economist, said:
"Prices in the three months to April were 0.3% higher than in the previous quarter, marking the first rise in this measure for seven months. Despite the slight improvement in the underlying trend in recent months, house prices continue to lack real direction with the current UK average price little different to where it was at the end of 2011. The monthly figures continue to fluctuate quite widely with a 2.4% decline in April, wiping out March's 2.2% rise.


"The ending of the stamp duty holiday for first-time buyers in late March appears to have boosted home sales early this year as buyers strove to beat the deadline, and has probably contributed to the volatility in house prices in the last few months.

"We continue to expect little overall movement in prices as the UK economic situation remains challenging."


Key facts

  • House prices in the three months to April were 0.3% higher than in the preceding three months (November 2011-January 2012). This was the first increase in prices on this measure of the underlying trend since September 2011 (0.1%), following six successive falls.
  • On a monthly basis, house prices fell by 2.4% in April. This more than offset the previous month's 2.2% increase as prices continue to fluctuate month-to-month.
  • Prices in the three months to April were 0.5% lower than in the same period a year earlier. This measure of the annual rate improved slightly from -0.6% in March and showed the smallest fall in prices since October 2010 (+1.2%).
  • No change in the average UK house price so far this year. The UK average price in April 2012, at 159,883, was virtually the same as in December 2011 (159,888).



#27 thecrashingisles

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Posted 04 May 2012 - 07:11 AM

An annualised rate of decline of 25%.

#28 stuckmojo

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Posted 04 May 2012 - 07:12 AM

Now last month was 2.2%, surprise surprise.


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#29 hiace_drifter

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Posted 04 May 2012 - 07:15 AM

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

#30 Paul77

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Posted 04 May 2012 - 07:18 AM

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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