azogar Posted September 30, 2010 Share Posted September 30, 2010 NI leading the pack again with hpi http://www.nationwide.co.uk/hpi/historical/Q3_2010.pdf Quote Link to comment Share on other sites More sharing options...
Belfast Boy Posted September 30, 2010 Share Posted September 30, 2010 (edited) http://www.nationwide.co.uk/hpi/historical/Q3_2010.pdf Surprisingly, the region that performed best during the third quarter was Northern Ireland, with prices rising by a seasonally adjusted 1.6%. However, this increase was not enough to offset the declines of previous periods, so that the annual rate of house price falls actually accelerated from 5.2% to 11.1%. We had a surprise rise in the index this time last year too. Then it continued falling. Unemployment has continued to rise in the province and is now the highest amongst our house price regions. Belfast remains the country’s most expensive area and also saw the best performance this quarter, with prices down 4% year-on-year. I wonder will the imminent public sector cuts fix the Belfast market. Edited September 30, 2010 by Belfast Boy Quote Link to comment Share on other sites More sharing options...
Belfast Boy Posted September 30, 2010 Share Posted September 30, 2010 NI leading the pack again with hpi http://www.nationwide.co.uk/hpi/historical/Q3_2010.pdf Beat me to it. Funny how people read what they want to see in these reports I'll look at the figures later. Busy day. Quote Link to comment Share on other sites More sharing options...
azogar Posted September 30, 2010 Author Share Posted September 30, 2010 Beat me to it. Funny how people read what they want to see in these reports I'll look at the figures later. Busy day. aye. still -11.1% for year tbh, i though 2010 would be flat, with 2011 delivering a knock out, but -11.1% isn't flat.... we'll see what Q4 brings Quote Link to comment Share on other sites More sharing options...
azogar Posted September 30, 2010 Author Share Posted September 30, 2010 (edited) edit - i just twigged you posted this the same time as me der on my part................ Edited September 30, 2010 by p.p. Quote Link to comment Share on other sites More sharing options...
jonboy2010 Posted September 30, 2010 Share Posted September 30, 2010 NI leading the pack again with hpi http://www.nationwide.co.uk/hpi/historical/Q3_2010.pdf A date for the diary 20/10/ 2010 lets see what happens after that. Quote Link to comment Share on other sites More sharing options...
azogar Posted September 30, 2010 Author Share Posted September 30, 2010 A date for the diary 20/10/ 2010 lets see what happens after that. what's happening on the 20th Jonboy? Quote Link to comment Share on other sites More sharing options...
getdoon_weebobby Posted September 30, 2010 Share Posted September 30, 2010 what's happening on the 20th Jonboy? chancellor outlines cuts to departmental budgets on 20 October Quote Link to comment Share on other sites More sharing options...
jonboy2010 Posted September 30, 2010 Share Posted September 30, 2010 what's happening on the 20th Jonboy?chancellor outlines cuts to departmental budgets on 20 October Quote Link to comment Share on other sites More sharing options...
ravedave Posted September 30, 2010 Share Posted September 30, 2010 The NI graph looks good. A bit disappointed that Belfast seems to be still averaging ~£194k. I've been hoping for bigger drops in the big smoke than 4%... Quote Link to comment Share on other sites More sharing options...
talksalot81 Posted September 30, 2010 Share Posted September 30, 2010 The NI graph looks good. A bit disappointed that Belfast seems to be still averaging ~£194k. I've been hoping for bigger drops in the big smoke than 4%... I agree about Belfast; we might have hoped for considerably more but the low rates and stubborn sellers have meant that few have been forced to correct to a realistic price and are holding out instead. How long can it last... Quote Link to comment Share on other sites More sharing options...
pootle Posted September 30, 2010 Share Posted September 30, 2010 That graph shows nicely that prices have been falling in Northern Ireland since the middle of 2007. Quote Link to comment Share on other sites More sharing options...
ravedave Posted September 30, 2010 Share Posted September 30, 2010 I agree about Belfast; we might have hoped for considerably more but the low rates and stubborn sellers have meant that few have been forced to correct to a realistic price and are holding out instead. How long can it last... Hopefully not much longer. It has put a bit of a dent in my plans for buying. It would seem that Belfast needs a lot more time to burst (or even deflate a bit). Quote Link to comment Share on other sites More sharing options...
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