rantnrave Posted November 6, 2017 Share Posted November 6, 2017 Data out Tuesday morning. Last two months of this index have been strong rises IIRC. Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted November 6, 2017 Share Posted November 6, 2017 Plus 5%? Quote Link to comment Share on other sites More sharing options...
zugzwang Posted November 6, 2017 Share Posted November 6, 2017 Monthly -1.1. Re-balance after two big up months. Quote Link to comment Share on other sites More sharing options...
hi5lo5 Posted November 6, 2017 Share Posted November 6, 2017 Negative. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 6, 2017 Share Posted November 6, 2017 1 minute ago, zugzwang said: Monthly -1.1. Re-balance after two big up months. -0.25%Â Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 6, 2017 Share Posted November 6, 2017 Just now, hi5lo5 said: Negative. 100% NEGATIVE. Â The truth will now be unleashed Quote Link to comment Share on other sites More sharing options...
Mr Banks Posted November 6, 2017 Share Posted November 6, 2017 Small rise +0.4% MOM Quote Link to comment Share on other sites More sharing options...
houseface2000 Posted November 6, 2017 Share Posted November 6, 2017 +0.3% MOM Quote Link to comment Share on other sites More sharing options...
Slimline Posted November 7, 2017 Share Posted November 7, 2017 +2.2% Quote Link to comment Share on other sites More sharing options...
Venger Posted November 7, 2017 Share Posted November 7, 2017 Seen so many Halifax advertising banners during the last month + video/tv commercials of new owners loving it, including getting post delivered for the first time. And other lender's advertising banners, although not very youthful looking for their 'first home' Know of many (mid-30s) buyers in recent months, not so much looking at whether it's worth £300,000 - £500,000, but what the monthly nut is on a super-low teaser rate, vs all their years of saving to put deposit down on, and 'get stuck into the mortgage on low-rate'.  Just think many have been tempted out to buy, including last month.  Then everywhere you look it's boom/surges in value/stockmarket. So I imagine it will be +2%. RBS  Quote Link to comment Share on other sites More sharing options...
Calcutta Posted November 7, 2017 Share Posted November 7, 2017 Not seeing any movement whatsoever, they'll pump this up for +0.5% or something stupid. Every time knows it's game-on now, it's just a case of who cracks first. Quote Link to comment Share on other sites More sharing options...
stuckmojo Posted November 7, 2017 Share Posted November 7, 2017 I actually hope for a fictitious positive number which will push things in the way of another interest rate increase. What's happening on the ground is a different story. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted November 7, 2017 Author Share Posted November 7, 2017 UP 0.3% Quote Link to comment Share on other sites More sharing options...
rantnrave Posted November 7, 2017 Author Share Posted November 7, 2017 Full report. https://static.halifax.co.uk/assets/pdf/mortgages/pdf/October-2017-House-Price-Index.pdf Turning the current quarterly figure into an annual one, Halifax has current growth rates running at about 10% per year. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 7, 2017 Share Posted November 7, 2017 Just when you thought it was all going to get better, the bankers chuck in another £25Bn and go all in.  Quote Link to comment Share on other sites More sharing options...
LetsBuild Posted November 7, 2017 Share Posted November 7, 2017 If the recent ‘massive’ 0.25% rate rise can knock £4K off the asking price within the next two months we will still see a negative year on year. Quote Link to comment Share on other sites More sharing options...
lostinessex Posted November 7, 2017 Share Posted November 7, 2017 Groan - I remember back in the summer when their annual index was edging down month after month I thought by now we'd be close to negative by now and that would start lead to the headlines that would start to create doubt in the general public's minds. That feels a long way away now - I can't see this index going negative now any time soon. To the general public housing still looks a safe bet. Depressing. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 7, 2017 Share Posted November 7, 2017 Anyone angry yet ? Â . Quote Link to comment Share on other sites More sharing options...
rantnrave Posted November 7, 2017 Author Share Posted November 7, 2017 1 minute ago, TheCountOfNowhere said: Anyone angry yet ?  . I signed up for a HTB ISA soon after they were announced. Don't care about the bonus malarkey, but the 4% rate I signed up for remains rather tasty. Mrs Rave and I now have £5k in each of our HTB ISAs. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 7, 2017 Share Posted November 7, 2017 Anyone see the problem yet ? Â Â No sales = collapse of banks/EAs. The market needs a crash....the markets going to get on. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted November 7, 2017 Author Share Posted November 7, 2017 19 minutes ago, lostinessex said: Groan - I remember back in the summer when their annual index was edging down month after month I thought by now we'd be close to negative by now and that would start lead to the headlines that would start to create doubt in the general public's minds. That feels a long way away now - I can't see this index going negative now any time soon. To the general public housing still looks a safe bet. Depressing. Their Dec 2016 release surged to an average price of £222k. This update is at £225k. Will need some big rises in Nov and December to maintain a 4.5% annual growth rate. Quote Link to comment Share on other sites More sharing options...
Mr Banks Posted November 7, 2017 Share Posted November 7, 2017 well i was the closest with 0.4%. I guess The Count doesn't believe it others will claim its rigged. Yet again so many negative predictions with so little evidence as to why the number will be negative. Seriously guys adjust your models. This is largely as i see it in my local area Those houses that do sell sell higher than previous. Many ask stupid 20%+ rises in a year. Well they wont sell. Pleasingly my +6% hpi figure looks a bit high now over the year although not massively off but certainly my no negative HPI index prediction looks nailed on now. The only thing that was wrong is my interest rate rise this year. But it only went up a small amount and for me that is meaningless as the 0.25% didn't need to happen and the markets dont see a future rise either hence GBP being trashed. Quote Link to comment Share on other sites More sharing options...
Nabby81 Posted November 7, 2017 Share Posted November 7, 2017 In Luton all I am seeing is reductions on RM but from insane prices to start with , people still going into BTL here though one road close to trains station is half a mile of For sale /Sold /To Let /Let signs House on my road 3 bed sold for over 300k and straight onto rental market , other 3 beds close to me same thing. Then you have stories like this http://www.thisismoney.co.uk/money/bills/article-5049903/Sharing-pay-pool-resources.html Celebrating the fact it takes 3 peoples wages to buy a house ..great news lads  I'm sure this news will be greeted as great news by the media , the same ones complaining about cost of living etc .. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 7, 2017 Share Posted November 7, 2017 3 minutes ago, rantnrave said: Their Dec 2016 release surged to an average price of £222k. This update is at £225k. Will need some big rises in Nov and December to maintain a 4.5% annual growth rate. Term Funding ends soon. We'll see higher mortgage rates very soon. If Hammond or Carney change course then I suggest you leave or protest. Sitting typing into a forum now just wont cut it. Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted November 7, 2017 Share Posted November 7, 2017 16 minutes ago, TheCountOfNowhere said: Anyone see the problem yet ? Â Â No sales = collapse of banks/EAs. The market needs a crash....the markets going to get on. Count, sorry to be the bearer of bad news but there is no chance of a crash. Zero Zippy Sqaut Nada. The ponzi MUST continue what ever it takes. Quote Link to comment Share on other sites More sharing options...
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