Jump to content
House Price Crash Forum
rantnrave

Halifax Feb -0.3% Mom

Recommended Posts

Was hoping for a bigger tumble to correct last month's whopping 2% rise. Still, a fall is a fall and it comes on the back of a negative Nationwide number. When was the last time both these indices came out with a negative figure I wonder?

Share this post


Link to post
Share on other sites

The drop would have been 0.4% without last month's revision.

Sept 2012 was the last time both Nationwide and Halifax recorded month-on-month SA falls.

The Halifax index remains 3.6% below its Aug 2007 nominal peak.

Share this post


Link to post
Share on other sites

The drop would have been 0.4% without last month's revision.

Sept 2012 was the last time both Nationwide and Halifax recorded month-on-month SA falls.

The Halifax index remains 3.6% below its Aug 2007 nominal peak.

Thanks!

I believe Nationwide has exceeded its '07 peak?

Share this post


Link to post
Share on other sites

Thanks!

I believe Nationwide has exceeded its '07 peak?

Not by very much..after inflation we have had 8 years of private sector deleveraging outside the nonsense of London. Debt almost the same in nominal terms as eight years ago.

Good job the Government has taken up the slack and borrowed money like there is no tomorrow and indeed which it never intends to repay to keep the skittles in the air. And we have drawn the conclusion that is austerity :lol: .

Share this post


Link to post
Share on other sites

Thanks!

I believe Nationwide has exceeded its '07 peak?

Yes, Nationwide is 2.3% above its previous peak (Oct 2007).

Edit: for clarity

Edited by FreeTrader

Share this post


Link to post
Share on other sites

It's the Halifax that seem to be giving out mortgages like confetti in our office. Three of the lads have had mortgage approval from them this year and their all pennyless 95% government loaned deposit cases.

Share this post


Link to post
Share on other sites

They were "tucked away" on the front page of the BBC news site when I looked at it earlier (still there now)

Not the lead story but still on the front page of the site.

Edited by Bear Necessities

Share this post


Link to post
Share on other sites

They were "tucked away" on the front page of the BBC news site when I looked at it earlier (still there now)

Not the lead story but still on the front page of the site.

To be fare, they kept another story up a few days ago.

Election coming now, Osborne has timed his HP Boom ( using our money/futures ) very well.

Here's hoping someone wins that locks the **** up.

Share this post


Link to post
Share on other sites

What is the year on year trend like?

DOWN

Looking at graph on the HPC website thje nationwide is heading down too.

If/When the london falls accelerate it will plummet.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   219 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

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.