rantnrave Posted March 28, 2011 Report Share Posted March 28, 2011 MoM MINUS 0.8% YoY MINUS 1.7% £162,215 Quote Link to post Share on other sites
AnotherBear Posted March 28, 2011 Report Share Posted March 28, 2011 Excellent news! Quote Link to post Share on other sites
Pent Up Posted March 28, 2011 Report Share Posted March 28, 2011 Splendid. Can someone post a link to the report please? I'm having issues! Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 Splendid. Can someone post a link to the report please? I'm having issues! Hasn't appeared on their site yet... Quote Link to post Share on other sites
TheCountOfNowhere Posted March 28, 2011 Report Share Posted March 28, 2011 That's a good sized drop, was to be expected I suppose since prices have been falling for 9 months Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 (edited) This detail is there though: The region with the greatest annual price fall is the North East with a decrease of 7.1 per cent. Edited March 28, 2011 by rantnrave Quote Link to post Share on other sites
WageslaveX14 Posted March 28, 2011 Report Share Posted March 28, 2011 Hasn't appeared on their site yet... I think the site's getting swamped, but I just got access to it. London also down 0.5%, although YoY is now, oddly, showing a bigger increase than last month. Quote Link to post Share on other sites
sarahleyburn Posted March 28, 2011 Report Share Posted March 28, 2011 (edited) Link: http://www.landreg.gov.uk/assets/library/documents/HPI_Report_Feb_11_x1p5cst.pdf Edited March 28, 2011 by sarahleyburn Quote Link to post Share on other sites
Pent Up Posted March 28, 2011 Report Share Posted March 28, 2011 I think the site's getting swamped, but I just got access to it. London also down 0.5%, although YoY is now, oddly, showing a bigger increase than last month. They do seem to be having problems. Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 (edited) I think the site's getting swamped, but I just got access to it. Might be me that's swamping it - seven different tabs open that are trying to load! Edited March 28, 2011 by rantnrave Quote Link to post Share on other sites
neil324 Posted March 28, 2011 Report Share Posted March 28, 2011 West Midlands -2.7 MOM Seems strange to me though Wales only -.4% when London was -5% Well glad i was wrong as a predicted 0% flat. Quote Link to post Share on other sites
Little Professor Posted March 28, 2011 Report Share Posted March 28, 2011 Last month was +0.2% MoM, -0.9% YoY This month -0.8% MoM, -1.7% YoY Full crash cruise speed resuming shortly... Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 Last month was +0.2% MoM, -0.9% YoY This month -0.8% MoM, -1.7% YoY Full crash cruise speed resuming shortly... Last month's data had a heavy dose of seasonal adjusting IIRC. In reality it was down, not up. Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 (edited) Last month was +0.2% MoM, -0.9% YoY This month -0.8% MoM, -1.7% YoY Full crash cruise speed resuming shortly... Remember that this is data for Feb, not March... crash cruise speed may already being reached as we speak! Edited March 28, 2011 by rantnrave Quote Link to post Share on other sites
sarahleyburn Posted March 28, 2011 Report Share Posted March 28, 2011 West Midlands -2.7 MOM North-East down 4% MoM...! Quote Link to post Share on other sites
Guest_flaps_* Posted March 28, 2011 Report Share Posted March 28, 2011 Remember that this is data for Feb, not March... crash cruise speed may already being reached as we speak! Just a bit confused with this..... "Sales volumes averaged 56,257 per month from September to December 2010. This is a fall from the 65,939 average for the same period 12 months before this." I thought mortgage approvals were down around the 40K figure? Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 Just a bit confused with this..... "Sales volumes averaged 56,257 per month from September to December 2010. This is a fall from the 65,939 average for the same period 12 months before this." I thought mortgage approvals were down around the 40K figure? Not sure if Land Reg includes cash sales? Either way, this data is hardly painting a picture of a spring bounce . Quote Link to post Share on other sites
Fairies Wear Boots Posted March 28, 2011 Report Share Posted March 28, 2011 When people see that prices are going down, that should have a snowballing effect. Nice to hear that London isn't immune. Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 Another gem from the report... Merthyr Tydfil experienced the greatest annual price fall with a movement of -11.6 per cent Quote Link to post Share on other sites
rantnrave Posted March 28, 2011 Author Report Share Posted March 28, 2011 When people see that prices are going down, that should have a snowballing effect. Nice to hear that London isn't immune. Naturally the BBC News website is all over this. Not. Quote Link to post Share on other sites
Little Professor Posted March 28, 2011 Report Share Posted March 28, 2011 Naturally the BBC News website is all over this. Not. They probably can't get onto the LR site either. I've been trying for the last half hour. Quote Link to post Share on other sites
abaxas Posted March 28, 2011 Report Share Posted March 28, 2011 here u go HPI_Report_Feb_11_x1p5cst.pdf HPI_Report_Feb_11_x1p5cst.pdf Quote Link to post Share on other sites
Caveat Mortgagor Posted March 28, 2011 Report Share Posted March 28, 2011 West Midlands -2.7 MOM Quote Link to post Share on other sites
The Knimbies who say No Posted March 28, 2011 Report Share Posted March 28, 2011 Number of sales down by 30% YoY in England and Wales and down 25% in London. Yes, that was the stand out figure for me too. Based on December 2010 c.f. Dec 2009 due to the 90 day window for registering sales. I think that's a remarkable stat, given that in other data eg mortgage approvals it is not nearly as obvious. Cash buyers drying up? Quote Link to post Share on other sites
Fairies Wear Boots Posted March 28, 2011 Report Share Posted March 28, 2011 Naturally the BBC News website is all over this. Not. Well someone said prices have been going down for nine months. Joe Public doesn't seem to have realised, but even with the BBC not spelling out the obvious, the people will wake up. I haven't really seen anything in the media going, "house prices seem to be trending down again". You see things like "fell last month, but still higher than a year ago." Not any more! Quote Link to post Share on other sites
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