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Yoy Fall Of 1.6%

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"Overall, prices have fallen on average 1.57% during 2005, the group added." Hometracks 0.1% rise.

Notice how these bastards change from MOM to YOY and vice versa when it suits them. The YOY drop is completely ignored by everyone, and it would seem, us. In other words spin works.

Sometimes its like living in the Soviet block pre 1990, how do they get away with it?

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1.6% drop is not correct. This is impossible unless the (up to 8%) drop I see nearly everywhere since spring of 2005 is countered by enormous rises in obscure regions we don't know about.

I'm going to stick my neck out and say overall it is more like 5-6% and in some cases (new build apartments) it is already getting close to 10-12%. Just look at rightmove for sale prices on various unsold new builds first offered in March-April 2005 and look at the current prices. 1.6% is a ludicrous figure.

VP

Edited by VacantPossession

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... and remember the decrease YOY for 2005 is in marked contrast to the 15% or so increase in the preceding year (2004)!!

What a turnaround - can wait to see how 2006 shapes up.

I anticipate lot's of new properties being put on the market in Jan! Everyone should be using 'Rightmove' to check how many homes are being added filtered by the last 24 hours in their area.

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Guest Time 2 raise Interest Rates

Having seen that Times graph, maybe the VIs have reason to be optomistic. ********.

It just goes to show how you can make something bad look quite promising

HOMETRACK JUNE 04 AVE PRICE £167,700

HOMETRACK DEC 05 AVE PRICE £160,900 DOWN £6,800 :D

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  • 302 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%



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