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House Price Crash Forum

Nationwide Mar19


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15 minutes ago, PalmerEldritch said:

It’s a miracle.

Up 0.2 in the month and 0.7 year on year. The VI’s can rest easy for another month...

Hey everyone, we can shut the website. House prices are not actually high and these reports are just "ministry of truth" style propaganda from vested interests.

I'm off to buy an affordable house.

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29 minutes ago, Voice of Doom said:

Annual price falls in London and South East.

London: Annual % change this quarter.

-3.8%

 

Yes but still 50% higher than at the end of bubble 1 in 2008. At this rate it will be another decade just to get back to ‘ridiculously overpriced’ from ‘insanely overpriced’. Let’s hope the BTL capitulation snowballs soon. I’m already seeing a couple of auction entries on Zoopla for the first time I can remember in N2.

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"“Northern Ireland remained the strongest performing home 
nation in Q1, although annual price growth softened to 3.3%, 
from 5.8% last quarter. Scotland saw a slight pick up in 
annual price growth to 2.4%, while Wales saw a marked 
slowing in growth to 0.9% (from 4.0% last quarter). 
Meanwhile, England recorded its first annual price fall since 
2012, with prices down 0.7% compared with Q1 2018, driven 
by declines in the South East of England (see chart below)"

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