Jump to content
House Price Crash Forum
Sign in to follow this  
ollie plimsolls

L R July 2009 +1.7%

Recommended Posts

this is starting to reflect the spring and early summer's figures from Haliwide... so in a sense we've seen these figures already

it's like watching a snake eat an egg!

Share this post


Link to post
Share on other sites
this is starting to reflect the spring and early summer's figures from Haliwide... so in a sense we've seen these figures already

it's like watching a snake eat an egg!

Yes, they do lag. However they do confirm that the 'so called VI' indices are accurate.

Share this post


Link to post
Share on other sites
this is starting to reflect the spring and early summer's figures from Haliwide... so in a sense we've seen these figures already

it's like watching a snake eat an egg!

It does however mean that LR figures will show positive well into Autumn early Winter putting more positive spin in the Winter months

Share this post


Link to post
Share on other sites
Yes, they do lag. However they do confirm that the 'so called VI' indices are accurate.

no, they exclude repos and newbuilds...probably the cheapest end of the market....further power to the "only good stuff" is selling theory.

the other indexes would include such low end items.

Share this post


Link to post
Share on other sites
Yes, they do lag. However they do confirm that the 'so called VI' indices are accurate.

You don't understand - I guarantee that someone will pop up in a minute to say that the LR is a VI

Share this post


Link to post
Share on other sites
Yes, they do lag. However they do confirm that the 'so called VI' indices are accurate.

?

The land registary is open to as much fabrication as the rest of them.

Share this post


Link to post
Share on other sites

Great news - still no HPI in my area - North Yorkshire -0.2% Monthly -13.2% Annual

Peak season, massive ramping, big stimulus but still prices flat /falling

I'm tracking approx 160 properties:

- seeing a good number of lowered asking prices on Property Bee now and also some crafty re-listing of houses on Rightmove at lower prices to avoid the Bee's beady eye.

- unfortunately not seeing large numbers of new stock yet - numbers of new stock only slightly higher than number of sales.

Looking forward to seeing some LR prices now to see what the difference between asking and selling prices for houses going SSTC in May/June this year.

Ayone know which source publishes LR sold prices first?

home.co.uk,

zoopla,

ourproperty.co.uk

Share this post


Link to post
Share on other sites

It seems there is alot of positive data being published in relation to the economy and house prices. I wonder if Gordon will be calling an election soon now that his miracle has worked before the miracle turns out to be a dream.

Share this post


Link to post
Share on other sites

Sales volumes averaged 35,848

per month from February to May

2009.

this interests me greatly, as approvals were higher than this and cash sales added about a third more....where are all the other sales?

Share this post


Link to post
Share on other sites
this is starting to reflect the spring and early summer's figures from Haliwide... so in a sense we've seen these figures already

it's like watching a snake eat an egg!

This is getting harder and harder to watch. I think I've missed my opportunity to buy.

I should have got into the market in Winter/Spring this year. Not happy.

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?g=1&gt=1&a=Greater+London&s=01 January 2005&e=01 July 2009&t=1://http://www1.landregistry.gov.uk/hou...ly 2009&t=1

Edited by BernieT

Share this post


Link to post
Share on other sites
The land registary is open to as much fabrication as the rest of them

WOW!

2 minutes after my prediction it comes true!

I should have a go on the lottery!

Share this post


Link to post
Share on other sites
Great news - still no HPI in my area - North Yorkshire -0.2% Monthly -13.2% Annual

Peak season, massive ramping, big stimulus but still prices flat /falling

I'm tracking approx 160 properties:

- seeing a good number of lowered asking prices on Property Bee now and also some crafty re-listing of houses on Rightmove at lower prices to avoid the Bee's beady eye.

- unfortunately not seeing large numbers of new stock yet - numbers of new stock only slightly higher than number of sales.

Looking forward to seeing some LR prices now to see what the difference between asking and selling prices for houses going SSTC in May/June this year.

Ayone know which source publishes LR sold prices first?

home.co.uk,

zoopla,

ourproperty.co.uk

Same in My area of Yorkshire.... Only drops... Money talks and ******** walks.

Share this post


Link to post
Share on other sites
It seems there is alot of positive data being published in relation to the economy and house prices. I wonder if Gordon will be calling an election soon now that his miracle has worked before the miracle turns out to be a dream.

thats what i think

he must be in a bit of a dilemma, it's like a quiz show prize option... do you:

1. keep taking the salary until the last possible moment ie Q3 2010 ?

or

2. gamble, and go for the Q4 2009 election while it looks like the printed money and low IRs have saved the world ?

if the electorate don't buy it, that's much less salary much sooner but the chance of an autobiography or directorship perhaps by Xmas

or

3. rig the election so that you win whenever, but that could never happen in the UK, could it, it's not like votes have ever been tampered with here before...

Share this post


Link to post
Share on other sites
WOW!

2 minutes after my prediction it comes true!

I should have a go on the lottery!

Nonsense! Whilst the Land Registry figures are most certainly open to manipulation, the Land Registry per se is not a VI.

Share this post


Link to post
Share on other sites
Sales volumes averaged 35,848

per month from February to May

2009.

Which begs the question, with QE and zero IRs, would we be seeing house price hyper-inflation if transactions were at normal levels

NuLabour; bringing you more expensive housing since 1997

Share this post


Link to post
Share on other sites

Detached £240,249

Semi-detached £147,441

Terraced £120,213

Flat/maisonette£145,147

All£155,885

here are the averages.

again, the average quoted is HIGHER than three of the bottom three categories.. clearly the bottom upper parts are skewing the figures IMHO.

so what many would call your average, a semi is £147,441. yet the reported average price is 8% higher???

Share this post


Link to post
Share on other sites
Sales volumes averaged 35,848

per month from February to May

2009.

this interests me greatly, as approvals were higher than this and cash sales added about a third more....where are all the other sales?

As the LR doesn't include newbuilds and repos I think we can conclude that those sales account for the difference

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   295 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.