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1.8% Rise But Bullish Press Seemed Reserved

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I have been trying find articles on the hpi of 1.8% but there dont seem to be many. The only slightly bullish (only the headline not the content) article was on the express website.

Do you think the press have finally got the message? To me the monthly figures mean nothing really as a day delayed on completion can affect a months figures, the quarterly numbers are the best guide

Edited by boo

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Maybe they realised that any index showing the biggest fall on record and the biggest rise in a year and half in consecutive months isn't worth listening to.

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Maybe they realised that any index showing the biggest fall on record and the biggest rise in a year and half in consecutive months isn't worth listening to.

I think it's just a bounce and we may yet see a nice drop next month, even 5%, then 2% rise and another dig drop.

Edited by LittleSteroid

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I have been trying find articles on the hpi of 1.8% but there dont seem to be many. The only slightly bullish (only the headline not the content) article was on the express website.

Do you think the press have finally got the message? To me the monthly figures mean nothing really as a day delayed on completion can affect a months figures, the quarterly numbers are the best guide

The 3 month rate is -1.2% :)

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I have been trying find articles on the hpi of 1.8% but there dont seem to be many. The only slightly bullish (only the headline not the content) article was on the express website.

Do you think the press have finally got the message?

I've not seen the Express, but will this one from The Press Association do?

House prices show sharp increase - House prices rose at their fastest rate for 18 months in October...

http://www.google.com/hostednews/ukpress/article/ALeqM5gRpWYXAhckMR9x3gWqmy4J02pwhg?docId=N0153071288858475691A

The actual article is somewhat more balanced though. Whilst the press might be "getting the message", they're not all there just yet.

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The Daily Mail seemed to be very bullish on house prices in today's print. Just got back from holiday to see their front page. It's funny that when prices were down 3.6% they didn't lavish so much attention. My guess is that fools optimism will lead to another gain before the year is out and we may see a tripple dip by March where prices will fall 10% on last months figures. After that inflation will pretty much draw the line under any further falls.

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  • 152 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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