AnotherBear Posted June 26, 2009 Share Posted June 26, 2009 Not seen this, but apologies if it has already been posted http://www.landregistry.gov.uk/www/wps/portal/PrimaryWebsite Average price: £152,497 Monthly change: -0.2% Annual change: -15.9% Next data out 28 July Quote Link to comment Share on other sites More sharing options...
CountryMove Posted June 26, 2009 Share Posted June 26, 2009 http://news.bbc.co.uk/1/hi/business/8120647.stm House prices in England and Wales fell slightly again last month, according to figures from the Land Registry. The average house price in May fell by 0.2% from April to £152,497, while the annual rate of decline was 15.9%. This was a slight slowdown on the 16.2% year-on-year drop recorded for both April and March. The latest Land Registry data comes a week after the Council of Mortgage Lenders said lending levels across the UK fell back again in May. Quote Link to comment Share on other sites More sharing options...
Lee Harvey Oswald Posted June 26, 2009 Share Posted June 26, 2009 http://news.bbc.co.uk/1/hi/business/8120647.stm House prices in England and Wales fell slightly again last month, according to figures from the Land Registry. The average house price in May fell by 0.2% from April to £152,497, while the annual rate of decline was 15.9%. This was a slight slowdown on the 16.2% year-on-year drop recorded for both April and March. The latest Land Registry data comes a week after the Council of Mortgage Lenders said lending levels across the UK fell back again in May. Quote Link to comment Share on other sites More sharing options...
southmartin Posted June 26, 2009 Share Posted June 26, 2009 http://news.bbc.co.uk/1/hi/business/8120647.stm House prices in England and Wales fell slightly again last month, according to figures from the Land Registry. The average house price in May fell by 0.2% from April to £152,497, while the annual rate of decline was 15.9%. This was a slight slowdown on the 16.2% year-on-year drop recorded for both April and March. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted June 26, 2009 Share Posted June 26, 2009 What a shame The spring bounce in reality has caused drops to lessen to 0.2 %...bigger drops from here on in hopefully. Quote Link to comment Share on other sites More sharing options...
muggle Posted June 26, 2009 Share Posted June 26, 2009 House prices decline again in May House prices in England and Wales fell slightly again last month, according to figures from the Land Registry. The average house price in May fell by 0.2% from April to £152,497, while the annual rate of decline was 15.9%. This was a slight slowdown on the 16.2% year-on-year drop recorded for both April and March. BBC News I thought things were improving?! Interest rates are at a historic low and we are rapidly increasing national debt in an attempt to save the housing market but prices are still falling. Quote Link to comment Share on other sites More sharing options...
piece of paper Posted June 26, 2009 Share Posted June 26, 2009 http://news.bbc.co.uk/1/hi/business/8120647.stmHouse prices in England and Wales fell slightly again last month, according to figures from the Land Registry. The average house price in May fell by 0.2% from April to £152,497, while the annual rate of decline was 15.9%. This was a slight slowdown on the 16.2% year-on-year drop recorded for both April and March. Why are you posting house price statistics on this site? p-o-p Quote Link to comment Share on other sites More sharing options...
Scrimmers Posted June 26, 2009 Share Posted June 26, 2009 http://news.bbc.co.uk/1/hi/business/8120647.stmHouse prices in England and Wales fell slightly again last month, according to figures from the Land Registry. The average house price in May fell by 0.2% from April to £152,497, while the annual rate of decline was 15.9%. This was a slight slowdown on the 16.2% year-on-year drop recorded for both April and March. BUMP you beat me too it.. Quote Link to comment Share on other sites More sharing options...
southmartin Posted June 26, 2009 Share Posted June 26, 2009 Damn - beat me to it! Quote Link to comment Share on other sites More sharing options...
muggle Posted June 26, 2009 Share Posted June 26, 2009 Pah! you beat me by one minute - mods please merge. Quote Link to comment Share on other sites More sharing options...
Scrimmers Posted June 26, 2009 Share Posted June 26, 2009 Pah! you beat me by one minute - mods please merge. you both beat me... BUMP oh and I think this is good news Quote Link to comment Share on other sites More sharing options...
Harry Monk Posted June 26, 2009 Share Posted June 26, 2009 It's in line with what I was expecting. I think we will have similar small falls for another two months and then the rate of fall will accelerate. By November we should be at -2% a month. Quote Link to comment Share on other sites More sharing options...
drrayjo Posted June 26, 2009 Share Posted June 26, 2009 http://news.bbc.co.uk/1/hi/business/8120647.stmHouse prices in England and Wales fell slightly again last month, according to figures from the Land Registry. 'Course as we all know this reflects activity around Feb/March time so predates prime mainstream "greeeeeen shooooots" fever. The next couple of reports are likely to be "less negative" but will be spun as a continuing recovery by VIs. Let's not be as dumb as them and call this what it is. Quote Link to comment Share on other sites More sharing options...
888 Posted June 26, 2009 Share Posted June 26, 2009 http://news.bbc.co.uk/1/hi/business/8120647.stm Quote Link to comment Share on other sites More sharing options...
Maddog21 Posted June 26, 2009 Share Posted June 26, 2009 -0.2% in the height of the Spring "dead cat" bounce Rinoa Is this the Recovereh!!!? When winter comes it's going to get messy Another 20% at least from peak by this time next year X Quote Link to comment Share on other sites More sharing options...
yellerkat Posted June 26, 2009 Share Posted June 26, 2009 Bounce! - err, bump. Odd lack of comment here. Quote Link to comment Share on other sites More sharing options...
babesagainstmachines Posted June 26, 2009 Share Posted June 26, 2009 As you bears were so fond of saying at the start of the crash, the LR is based on actual registered transactions and lags the lenders figures significantly . Look for a monthly rise in a couple of months as it follows the Haliwide. Quote Link to comment Share on other sites More sharing options...
babesagainstmachines Posted June 26, 2009 Share Posted June 26, 2009 Lagging indicator. Or have you all forgotten saying that when it was positive at the start of the crash? Quote Link to comment Share on other sites More sharing options...
wealthy Posted June 26, 2009 Share Posted June 26, 2009 As you bears were so fond of saying at the start of the crash, the LR is based on actual registered transactions and lags the lenders figures significantly .Look for a monthly rise in a couple of months as it follows the Haliwide. Be gracious in defeat. You bulls have taken another kicking this month. Quote Link to comment Share on other sites More sharing options...
Sibley's Love Child Posted June 26, 2009 Share Posted June 26, 2009 As you bears were so fond of saying at the start of the crash, the LR is based on actual registered transactions and lags the lenders figures significantly .Look for a monthly rise in a couple of months as it follows the Haliwide. Unfortunately, I believe that you may have a point. Quote Link to comment Share on other sites More sharing options...
eric pebble Posted June 26, 2009 Share Posted June 26, 2009 Be gracious in defeat. You bulls have taken another kicking this month. Down -0.2%...... Just another 40% to go then... Quote Link to comment Share on other sites More sharing options...
Alfie Moon Posted June 26, 2009 Share Posted June 26, 2009 Also from the BBC webpage: North East hit All regions of England saw annual prices fall again May, with the North East posting the sharpest decline - down 17.2%. The North East also saw the biggest month-on-month fall, with May prices 4.3% lower than April. However, Wales and four English regions - East, North East, West Midlands, South East - saw prices increase in May compared with April. The Land Registry also said that the average number of property transactions totalled 31,091 between December of last year and March, more than half less than the 64,674 a year earlier. To what extent does this undermine the 'greenshoots' claims? Or should we be expecting the pick-up in transactions to show up in the next quarter results? For what it's worth from an anecdotal angle - here in the West Midlands, using Property Bee, transactions (in terms of properties going SSTC on Rightmove) in the areas I track have dropped way back for June compared to what I was seeing in April and May. And like others have said on other threads on HPC, in the last couple weeks Estate Agents seem to have become a lot more proactive in terms of phoning me and sending e-mails. Quote Link to comment Share on other sites More sharing options...
Maddog21 Posted June 26, 2009 Share Posted June 26, 2009 As you bears were so fond of saying at the start of the crash, the LR is based on actual registered transactions and lags the lenders figures significantly .Look for a monthly rise in a couple of months as it follows the Haliwide. How many houses were actually sold as well? No FTB's are getting mortgages even if they want them. I think most Bulls and Bears agree on here that there is a seasonal "bounce" in property sales in the Spring/Summer months Well if this is the bounce wait till November!!! Quote Link to comment Share on other sites More sharing options...
drrayjo Posted June 26, 2009 Share Posted June 26, 2009 As you bears were so fond of saying at the start of the crash, the LR is based on actual registered transactions and lags the lenders figures significantly .Look for a monthly rise in a couple of months as it follows the Haliwide. That's what I said Quote Link to comment Share on other sites More sharing options...
BearNecessities Posted June 26, 2009 Share Posted June 26, 2009 As you bears were so fond of saying at the start of the crash, the LR is based on actual registered transactions and lags the lenders figures significantly .Look for a monthly rise in a couple of months as it follows the Haliwide. No problem with that, although I expect Haliwide will be in negative territory again by then Quote Link to comment Share on other sites More sharing options...
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