Jump to content
House Price Crash Forum
rantnrave

Land Reg Feb Figures

Recommended Posts

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 by rantnrave

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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 by rantnrave

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites

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?

Share this post


Link to post
Share on other sites

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:.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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?

Share this post


Link to post
Share on other sites

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!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.