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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 by rantnrave
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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?

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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 :lol:.

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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?

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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!

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