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Lepista

Nationwide Figures Due Out On Wednesday - Guesses?

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Last months fall was 0.7%, forex are predicting this months as a 0.4% fall.

Me, I'm guessing a nice and steady 1% fall... it's what we need a good few solid months of.

Edited by Lepista

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Last months fall was 0.7%, forex are predicting this months as a 0.4% fall.

Me, I'm guessing a nice and steady 1% fall... it's what we need a good few solid months of.

I have never known forex to be anywhere near correct... Although i'll happily take a 0.4% fall.

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I have never known forex to be anywhere near correct... Although i'll happily take a 0.4% fall.

Forex have predicted -0.3% for each of the last 3 months. By predicting -0.4% they abviously think things have deteriorated!

-0.9% for me.

Edited by Caveat Mortgagor

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agree - nationwide always look on the brightside so I will say +0.1%

- to be hailed as ' house prices rebound - we are all saved'

editted for misplaced decimal point

Edited by olliegog

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Reminder:

Nationwide

--------------

A fall of -1% or greater should take Nationwide YoY negative.

http://www.housepricecrash.co.uk/forum/index.php?showtopic=155166&view=findpost&p=2799880

Halifax

---------

Any figure LESS than +0.8% should Halifax YoY negative.

http://www.housepricecrash.co.uk/forum/index.php?showtopic=155166&view=findpost&p=2800091

Going YoY negative is a biggie. While we all accept that prices can fluctuate month to month, houses costing less than they did at the same time last year is very damaging to the "houses always go up in the long term" types.

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Reminder:

Nationwide

--------------

A fall of -1% or greater should take Nationwide YoY negative.

http://www.housepricecrash.co.uk/forum/index.php?showtopic=155166&view=findpost&p=2799880

Halifax

---------

Any figure LESS than +0.8% should Halifax YoY negative.

http://www.housepricecrash.co.uk/forum/index.php?showtopic=155166&view=findpost&p=2800091

Going YoY negative is a biggie. While we all accept that prices can fluctuate month to month, houses costing less than they did at the same time last year is very damaging to the "houses always go up in the long term" types.

Thanks. That saves working it out again!

I'd go for -2.2% :D

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-0.7

Despite 6 months in a row down according to Hometrack and some others, an almost 50% drop ion new mortgages, world collapsing around our ears etc.

The "real" drop? Around here about 5% MoM.

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I think things will accelerate to the downside. I'll go for falls between -1.5% and -2% on both NW and HF this month.

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I like this interview from the main page: http://www.bloomberg.com/video/63649560/

It pretty much reflects current public sentiment- after the boom years, we are adjusting our expectations that house prices will no longer rise year on year.

Also YoY charts are tantalising.

There is a while to go, but gradually we will get there. House will be affordable again by the end of this parliament.

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Natiowide has been a bear-food index recently, -0.7, 0, -0.9, -0.5 have been for the last 4 months.

I say -0.5%.. a relatively small percentage, but adds up nicely when compounded with the others and on a backdrop of Mervs Inflation Project.

Edited by exiges

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  • 150 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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