InlikeFlynn Posted November 28, 2011 Share Posted November 28, 2011 PLace your bets.... A Sky journalist recently claimed that this months figures show a fall of 0.9% but I suspect he was mistaken. I guess +0.2% Quote Link to comment Share on other sites More sharing options...
olliegog Posted November 28, 2011 Share Posted November 28, 2011 just a wild punt -0.95% Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 28, 2011 Share Posted November 28, 2011 who cares...house prices and the government policy on them are now just a sad pathetic joke. We have bigger worries that house prices. Quote Link to comment Share on other sites More sharing options...
Pent Up Posted November 28, 2011 Share Posted November 28, 2011 I'd say -1.3% wiping out last months big rise. Also with last month being revised down slightly too. Nationwide is out 7am tomorrow aswell. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted November 28, 2011 Share Posted November 28, 2011 I'd say -1.3% wiping out last months big rise. Also with last month being revised down slightly too. Nationwide is out 7am tomorrow aswell. One of them will probably be up, "they" don't usually allow all the indexes to be down at the same time. Must give a glimmer of hope . Quote Link to comment Share on other sites More sharing options...
Chuffy Chuffnell Posted November 28, 2011 Share Posted November 28, 2011 I'd say -1.3% wiping out last months big rise. Land Registry has been showing -0.3% last month and the month prior. Methinks you're mixing your indexes!! I'm going for -0.4%. Quote Link to comment Share on other sites More sharing options...
Caveat Mortgagor Posted November 28, 2011 Share Posted November 28, 2011 PLace your bets.... A Sky journalist recently claimed that this months figures show a fall of 0.9% but I suspect he was mistaken. I guess +0.2% It was Joel Hills. For the record he also said YoY -3.2%. Quote Link to comment Share on other sites More sharing options...
Guest Posted November 28, 2011 Share Posted November 28, 2011 -0.7 Quote Link to comment Share on other sites More sharing options...
newbie2011 Posted November 28, 2011 Share Posted November 28, 2011 Newbie luck -2.3% Quote Link to comment Share on other sites More sharing options...
Gravity sucks Posted November 28, 2011 Share Posted November 28, 2011 _ 1.1% Quote Link to comment Share on other sites More sharing options...
Normski Posted November 28, 2011 Share Posted November 28, 2011 I'm with InlikeFlynn with a small positive. +0.1% Quote Link to comment Share on other sites More sharing options...
Pent Up Posted November 28, 2011 Share Posted November 28, 2011 Land Registry has been showing -0.3% last month and the month prior. Methinks you're mixing your indexes!! I'm going for -0.4%. Yes you may be right. I'll still stick with -1.3% Quote Link to comment Share on other sites More sharing options...
InlikeFlynn Posted November 28, 2011 Author Share Posted November 28, 2011 I'm with InlikeFlynn with a small positive. +0.1% They're late - perhaps they are applying some seasonal adjustment... Quote Link to comment Share on other sites More sharing options...
rantnrave Posted November 28, 2011 Share Posted November 28, 2011 Confirmed as MoM -0.9 % YoY - 3.2 % Quote Link to comment Share on other sites More sharing options...
Chuffy Chuffnell Posted November 28, 2011 Share Posted November 28, 2011 DOWN 0.9% October house prices down 0.9 per cent since September: average house price in England and Wales now £159,999The October data from Land Registry's flagship House Price Index shows an annual price decrease of 3.2 per cent which takes the average property value in England and Wales to £159,999. The monthly change from September to October is a decrease of 0.9 per cent and continues the negative monthly price change seen in September. The only region in England and Wales to experience an increase in its average property value over the last 12 months is London with a movement of 0.3 per cent. The East experienced the greatest monthly rise with a movement of 0.7 per cent. The North East experienced the greatest annual price fall with a decrease of 7.2 per cent. Wales experienced the most significant monthly price fall with a decrease of 3.0 per cent. The most up-to-date figures available show that during August 2011, the number of completed house sales in England and Wales increased by 1 per cent to 62,010 from 61,469 in August 2010. The number of properties sold in England and Wales for over £1 million in August 2011 decreased by 7 per cent to 714 from 764 in August 2010. For more information go to www1.landregistry.gov.uk/houseprices Quote Link to comment Share on other sites More sharing options...
Caveat Mortgagor Posted November 28, 2011 Share Posted November 28, 2011 (edited) Average price £159,999 Change Monthly -0.9% Annual -3.2% Next index: 11am on As Joel Hills tweeted 16th Nov! Efit to add Is there some wierd and wonderful way they calculate the monthly decrease? The average price in Sept was £162,109. Now £159,999. I make that a 1.3% nominal fall. Edited November 28, 2011 by Caveat Mortgagor Quote Link to comment Share on other sites More sharing options...
InlikeFlynn Posted November 28, 2011 Author Share Posted November 28, 2011 -0.9% on the month, -3.2% YoY Joel Hills was right - I didn't dare believe it! Quote Link to comment Share on other sites More sharing options...
Chuffy Chuffnell Posted November 28, 2011 Share Posted November 28, 2011 London down 1.6% in the MoM figures!! Quote Link to comment Share on other sites More sharing options...
neil324 Posted November 28, 2011 Share Posted November 28, 2011 London down 1.6% in the MoM figures!! Quote Link to comment Share on other sites More sharing options...
rantnrave Posted November 28, 2011 Share Posted November 28, 2011 First time below £160K for two years! Full report here Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 28, 2011 Share Posted November 28, 2011 who cares...house prices and the government policy on them are now just a sad pathetic joke. We have bigger worries that house prices. I strangely 'care' again We need another 20 drops like that. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted November 28, 2011 Share Posted November 28, 2011 Hartlepool YoY -20.4% Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted November 28, 2011 Share Posted November 28, 2011 This is a two/three month lagger, so it is reflecting the disastrous summer hols period when the market fell off a cliff. We still have that October Haliwide bounce to contend with and no doubt that will show a bounce on land registry come the year end, by which time the market might actually be in cataclysmic meltdown. Quote Link to comment Share on other sites More sharing options...
InlikeFlynn Posted November 28, 2011 Author Share Posted November 28, 2011 London down 1.6% in the MoM figures!! This is really interesting - I'm looking in the SW and London prices drive the market here. I hope this fall starts feeding through soon as Devon actually recorded a 0.4% price rise last month! Quote Link to comment Share on other sites More sharing options...
Dorkins Posted November 28, 2011 Share Posted November 28, 2011 First time below £160K for two years! Full report here Finally! Quote Link to comment Share on other sites More sharing options...
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