Trump Invective

Ha these guys really are professors of the art of the complex, subtle, psychological sell. Edward Bernays would have been proud! "The manager's gone crazy!!!!"

Looks very expensive!

I see that, and given that larger homes are increasing in value at a greater rate than smaller ones (see December ONS) your argument seems even more appropriate.

Possibly, I'm just wondering if it's also sellers holding off too? Why sell now if there is likely to be a bounce?

Wouldn't it be lovely if loads of people put their houses up for sale once the path forward with brexit is made clear, only for nobody to bite, thus increasing the price falls I actually believe there wont be certainty around Brexit for a couple of years (we havent even got the withdrawal agreement clarified, never mind the ongoing arrangement), so if it is an influence, it's going to weigh on the market for a good long while. Buying now is insanity. Good luck out there!

Turns out they were right after all. It is -0.6... for the quarter 😆

Crazy! Whatever one thinks about Brexit, doing this just undermines their own journalism, as Brexit can't put buyers off suddenly this month when last month they bought anyway despite Brexit. So as well as bias they simply have inaccuracy, which is problematic for what is supposedly a quality newspaper! Im stating the bleeding obvious so I'll just shut up.

The Guardian this month: "UK house prices fall in January as Brexit puts off buyers" Last month: "Surprise increase after sluggish year comes despite uncertainty over Brexit" I can't even be bothered to speculate as to why they do this

Well the prophets predicting -0.6 really earned their pay this month.

I have an advert for a gig by Madness to the right of this thread - some algorithm or other is spot on 🤣

Tomorrow

MOM (hoping -2.5)

Ive noticed the forecast for this index to be -0.6, from -0.5 earlier in the week. Not sure whether these prophets usually like to go negative, or so negative.Usually they punt of +0.2 or the like. I'll predict -1.0

"a number of unhelpful Government interventions" Like Help to Buy? fnar fnar

From the Guardian: "Samuel Tombs, the chief UK economist at Pantheon Macroeconomics, said it was possible annual prices would go into decline before long" Looking at that graph I would say yes, it's possible 😂