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Land Registry - House Prices Fall 0.8% In March


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HOLA441

Here's an EA's view on the current state of the market:

http://www.propertyindustryeye.com/big-fall-in-transactions-but-house-prices-shoot-up/

Well, haart's assessment of transaction volumes for March doesn't match that of HMRC who published latest transaction numbers this morning.

According to HMRC, NSA property transactions rose from 80K in Feb to 93K in March and were roughly unchanged from Feb at 101K after seasonal adjustment.

HMRCtrans0315.gif

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/422710/UK_Tables_Apr_2015__cir_.pdf

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HOLA442
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HOLA443

Time to bump your real house prices thread FT? Now they're falling you don't need to worry about upsetting anyone with actual data

Nope, not yet. This could be just noise and I'll wait until we either have consistent falls or until that higher nominal wage growth you're expecting has a material impact.

HPC_earnings_0315.gif

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HOLA444

Release date: 20 April 2015

March House Price Index - headline figures from Land Registry’s HPI show an annual price increase of 5.3 per cent with the average price in England & Wales now £178,007 compared with a peak of £181,049 in November 2007.

Monthly house prices down 0.8 per cent since February 2015.

https://www.gov.uk/government/publications/about-the-house-price-index/about-the-house-price-index

The headline February figure last month was £180,252, which has clearly been revised down.

Without this revision the headline month-on-month fall would have been 1.25%.

Dont tell everyone there are fools out there wanting to rush in.

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HOLA4411

Get real, the party who wants to BREAK UP Britain is going to be in charge of who takes power come May 8th, why do you think the "establishment" is in smear and slander mode? Do you think the 1% wants to beak up Britain?

It's a blip, I do a lot of business in Scotland and know many canny Scots who are looking at buying houses just South of the border to relocate to with their businesses, which perversely will be good for Northern England.

A wipe out by the SNP will be a Pyrrhic victory

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HOLA4416

Encouraging.

Collapse in volumes of sub £250k is striking...but perhaps that's because there isn't much left under £250k :$

around my area (zone 4) 2 bed maisonettes are achieving this price. the only thing under that is retirement flats.

at 100k or so.

so depressing.

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