Jump to content
House Price Crash Forum
Sign in to follow this  
crazypabs

Acadata - Finally a YOY hpi fall - yippie

Recommended Posts

How can their model account for a widening gap between asking prices and selling prices when they don't get the actual prices until 2 months time? 

Share this post


Link to post
Share on other sites

Kensington and Chelsea 35% annual fall. Back in the real world 1.7 % fall in the SE...we may have a long wait for sense to return after last 6 years of stupidity. 

Share this post


Link to post
Share on other sites
2 hours ago, Wayward said:

Kensington and Chelsea 35% annual fall. Back in the real world 1.7 % fall in the SE...we may have a long wait for sense to return after last 6 years of stupidity. 

Yeah and us northern monkeys hoping for 10-15% are getting tired of waiting too

Share this post


Link to post
Share on other sites
13 hours ago, Wayward said:

Kensington and Chelsea 35% annual fall. Back in the real world 1.7 % fall in the SE...we may have a long wait for sense to return after last 6 years of stupidity. 

there is no reason for large falls, interest rates are low and most people have a job

Share this post


Link to post
Share on other sites
1 hour ago, hurlerontheditch said:

there is no reason for large falls, interest rates are low and most people have a job

There is for the ultra high end.

Money borrowed in dollars where the rate has risen, Chinese capital controls, ated, possible Corbyn government.

For example a .5% annual property tax on a 250 national average home would be the same as band a ctax here in Norwich.

3000 on a 600k house which is still a nice price away from London.

On a 15,000,000 pound flat used as a bank account for a oligarch it's a disaster.

75,000 per year plus the price falls this would cause.

Not saying corbyns going to win but it's not impossible

 

Edited by Fromage Frais

Share this post


Link to post
Share on other sites
9 minutes ago, Fromage Frais said:

There is for the ultra high end.

Money borrowed in dollars where the rate has risen, Chinese capital controls, ated, possible Corbyn government.

For example a .5% annual property tax on a 250 national average home would be the same as band a ctax here in Norwich.

3000 on a 600k house which is still a nice price away from London.

On a 15,000,000 pound flat used as a bank account for a oligarch it's a disaster.

75,000 per year plus the price falls this would cause.

Not saying corbyns going to win but it's not impossible

 

too many people with skin in the game for any political party to propose this 

Share this post


Link to post
Share on other sites

Good news indeed.

It's interesting looking at the annual price change in the downloadable "Regional Historic Series with Interactive Charts"; which shows a decent, fairly linear decline in annual growth from its most recent peak of around 9% in Feb 2016 to -0.5% currently. In addition the trend seems to have accelerated slightly in the past three months, and is (unsurprisingly) exaggerated (both in terms of magnitude of peak and recent rate of decline) in the SE.

It's been slow death until this point, but as things continue to unravel I expect it to accelerate further, FWIW..

Share this post


Link to post
Share on other sites
8 minutes ago, ftb_fml said:

Good news indeed.

It's interesting looking at the annual price change in the downloadable "Regional Historic Series with Interactive Charts"; which shows a decent, fairly linear decline in annual growth from its most recent peak of around 9% in Feb 2016 to -0.5% currently. In addition the trend seems to have accelerated slightly in the past three months, and is (unsurprisingly) exaggerated (both in terms of magnitude of peak and recent rate of decline) in the SE.

It's been slow death until this point, but as things continue to unravel I expect it to accelerate further, FWIW..

difficult to gauge with volume levels being what they are

Share this post


Link to post
Share on other sites
12 minutes ago, hurlerontheditch said:

difficult to gauge with volume levels being what they are

Perhaps, although certainly nationally the sample size seems adiquate to and easily identifiable trend in the right direction!

Interestingly now you mention it, looking at the graph the numbers do (unsurprisingly) seem more volatile in recent data.

Share this post


Link to post
Share on other sites

House prices could fall on no-deal Brexit

Howard Archer of the EY Item Club has trimmed his forecast for house price growth this year.

He also said that if there is a longer delay to Brexit house prices could stagnant or "even fall slightly".

 

Oh shit...please God no.....don't let them fall....not even slightly!!

Share this post


Link to post
Share on other sites
On 26/03/2019 at 08:54, hurlerontheditch said:

there is no reason for large falls, interest rates are low and most people have a job

And there is a house buying culture in the Uk 

23 hours ago, Fromage Frais said:

There is for the ultra high end.

What happens in the multi billion £ market has no effect on the guy trying to buy a 3 bed semi in Woking 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 294 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%



×
×
  • Create New...

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.