crown Posted April 2, 2009 Share Posted April 2, 2009 (edited) Up 0.9%MoM http://www.nationwide.co.uk/hpi/historical/Mar_2009.pdf Edited April 2, 2009 by crown Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 2, 2009 Share Posted April 2, 2009 Up 0.9%MoM it was 1st April yesterday, if you please Quote Link to comment Share on other sites More sharing options...
crown Posted April 2, 2009 Author Share Posted April 2, 2009 http://www.forexfactory.com/calendar.php Quote Link to comment Share on other sites More sharing options...
Emlyn Posted April 2, 2009 Share Posted April 2, 2009 Nationwide describe it as an "unexpected bounce" http://news.bbc.co.uk/1/hi/business/7977683.stm Quote Link to comment Share on other sites More sharing options...
Lone_Twin Posted April 2, 2009 Share Posted April 2, 2009 it was 1st April yesterday, if you please Crown is reliable. Is this for real? . ST Quote Link to comment Share on other sites More sharing options...
crown Posted April 2, 2009 Author Share Posted April 2, 2009 Crown is reliable. Is this for real?. ST http://www.nationwide.co.uk/hpi/historical/Mar_2009.pdf yes Quote Link to comment Share on other sites More sharing options...
the anti krust Posted April 2, 2009 Share Posted April 2, 2009 Up 0.9%MoM Quote Link to comment Share on other sites More sharing options...
Lodger Posted April 2, 2009 Share Posted April 2, 2009 Up 0.9%MoMhttp://www.nationwide.co.uk/hpi/historical/Mar_2009.pdf Wow! true insider Quote Link to comment Share on other sites More sharing options...
Captain Cavey Posted April 2, 2009 Share Posted April 2, 2009 Nationwide describe it as an "unexpected bounce"http://news.bbc.co.uk/1/hi/business/7977683.stm BBC very quick off the mark! - do you smell something? Quote Link to comment Share on other sites More sharing options...
Jason Posted April 2, 2009 Share Posted April 2, 2009 Sig updated. Quote Link to comment Share on other sites More sharing options...
Mr. Gruff Posted April 2, 2009 Share Posted April 2, 2009 0.9% up, still prices from 2004 though. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 2, 2009 Share Posted April 2, 2009 "The moderation inthe annual rate of fall is somewhat distorted by conditions last year and so it would be unwise to draw strong conclusions from the significant slowdown in the annual rate of fall. Equally, while the rise in prices in March is welcome, it is far too soon to see this as evidence that the trough of the market has been reached." Fionnuala Early. these figues ARE seasonally adjusted. cant see volumes in the chart though http://www.nationwide.co.uk/hpi/historical/Mar_2009.pdf Quote Link to comment Share on other sites More sharing options...
cartimandua51 Posted April 2, 2009 Share Posted April 2, 2009 (edited) Doesn't mean a damn thing one way or the other - small increase,low volumes, one of the strongest times of the year normally for house sales, pent-up demand by people who HAVE to move for jobs, schools etc - just a blip. No consiracy theories needed. Another rise next month WOULD be surprising. Edited April 2, 2009 by cartimandua51 Quote Link to comment Share on other sites More sharing options...
Radge Posted April 2, 2009 Share Posted April 2, 2009 Still pales into insignificance when compared to the bounce the dead cat is enjoying in other markets at the mo. Quote Link to comment Share on other sites More sharing options...
Emlyn Posted April 2, 2009 Share Posted April 2, 2009 BBC very quick off the mark! - do you smell something? The BBC will have had the story for a couple of hours but embargoed until 7am. Its the usual approach with any press release to allow journos to actually have time to digest the press release and write their stories. Sometimes you'll even see the embargo time printed on the pdf press release. Quote Link to comment Share on other sites More sharing options...
othello Posted April 2, 2009 Share Posted April 2, 2009 (edited) No surprise there. Spring is a time of optimism and fantasy. Prices will continue to fall over the rest of this year and into next. Edited April 2, 2009 by othello Quote Link to comment Share on other sites More sharing options...
Oliver Sutton Posted April 2, 2009 Share Posted April 2, 2009 Here's one for Jock McTavish Scotland: Area with largest annual price fall: Aberdeen City Quote Link to comment Share on other sites More sharing options...
gotoutintime Posted April 2, 2009 Share Posted April 2, 2009 That line showing the LongTerm House Price Trend on the Chart within Nationwides PDF Release does not seem to be showing the real trend. Draw a line along the troughs in the chart and it shows long term prices trending further down towards £100,000 (but that was only using my TV remote Control so may be a few Grand out on that figure!!) Quote Link to comment Share on other sites More sharing options...
ccc Posted April 2, 2009 Share Posted April 2, 2009 Here's one for Jock McTavishScotland: Area with largest annual price fall: Aberdeen City I have already started a thread in the Scottish section, couldnt help myself. BTW you want to be looking at this report below. Q1 2009 rather than just March. Far more detail. Nationwide Q1 2009 Quote Link to comment Share on other sites More sharing options...
hewligan Posted April 2, 2009 Share Posted April 2, 2009 I expect to see a lot of posters saying that this rise doesn't matter, etc..... Well, it does matter a little, and until next month it probably matters a lot in terms of sentiment. The numbers aren't controlled by some great conspiracy of shadow forces. A rise is a rise, so take it for what it is and lets not spend a lot of wasted intellectual energy trying to find reasons why it doesn't matter. If you accept that the numbers matter on the way down, then you have to accept that a rise also matters. Of course, it is not a trend, just like a single day rise or fall in the FTSE does not establish a trend. It will be interesting to see the Halifax numbers, though. Does this correspond with the small bounce they saw 2 months ago, or is it the start of a new spring bounce? Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 2, 2009 Share Posted April 2, 2009 I have already started a thread in the Scottish section, couldnt help myself. BTW you want to be looking at this report below. Q1 2009 rather than just March. Far more detail. Nationwide Q1 2009 so many words, so many possible conclusions. All I know is that the builders are pushing the homebuy scheme for all its worth, lenders still have tight criteria and the Nationwide has no info on volumes....least of all...COMPLETIONS. My own area is falling fast...east Anglia...we had apparently done well earlier, but its catching up now. still over a million properties on rightmove. and the trand graph shows we have reached normality.....course the trend reflects serious HPI and lending boom. Quote Link to comment Share on other sites More sharing options...
1929crash Posted April 2, 2009 Share Posted April 2, 2009 I expect to see a lot of posters saying that this rise doesn't matter, etc..... Well, it does matter a little, and until next month it probably matters a lot in terms of sentiment. Yes, maybe, except that you're ignoring the sentiment caused by widespread job losses and loss of easy credit. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted April 2, 2009 Share Posted April 2, 2009 Green shoots or recovery at last. I think I'd better MEW now economic Armageddon avoided. Ponzi Brown has saved us all Vote Labour. Quote Link to comment Share on other sites More sharing options...
renterbob Posted April 2, 2009 Share Posted April 2, 2009 (edited) A message to Nationwide: Take it out Edited April 2, 2009 by renterbob Quote Link to comment Share on other sites More sharing options...
bearbullfence Posted April 2, 2009 Share Posted April 2, 2009 Quote Link to comment Share on other sites More sharing options...
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