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Halifax House Prices: -2.3% Mom, -17.7% Yoy


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...The house price to earnings ratio – a key measure of housing affordability – has

fallen to its lowest level for six years...

i really must think about getting a job in halifax or wherever it is they do their surveys... according to them pay just keeps steamrollering ever upwards... a 0.6% increase last month according to them, that's 6.9% annual... BOOMTIME. or something.

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Yeah but at 160K the average price STILL somewhere in the region of seven times average salary - maybe more - even after 18% fall.

Still way overvalued and not at all affordable for a single person.

Even the Nationwide figure still more than six times average salary.

Long way to go yet.

35% off peak? That's 'aspirational' now. Simply a best case scenario for vendors I reckon.

Nice to feel 100+ pounds a day better off though, which as a buyer in waiting is how I feel.

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Yeah but at 160K the average price STILL somewhere in the region of seven times average salary - maybe more - even after 18% fall.

Still way overvalued and not at all affordable for a single person.

Even the Nationwide figure still more than six times average salary.

Long way to go yet.

35% off peak? That's 'aspirational' now. Simply a best case scenario for vendors I reckon.

Well said. Couldn't agree more.

Nomadd

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  • 442 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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