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House Price Crash Forum

jfmuk

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About jfmuk

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    HPC Newbie
  1. One of the previous charts that I have uploaded to this thread highlighted the link between mortgage approvals and the yr-on-yr change in house prices (post no. 620). Looking at this chart again I noticed that the rate of decline in yr-on-yr growth for the four periods that we have seen since 2000 (including the one that we're experiencing now) were similar. Plotting these highs and lows in year-on-year growth confirmed this view and suggested that by June 2011 the average price might be 10% lower than that of June 2010. Below is the chart from post 620 followed by the comparision of declin
  2. Pretty sure that someone has already produced a similar chart, but this is my analysis of the market. Can't see mortgage approvals increasing anytime soon.
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