PalmerEldritch Posted March 27, 2019 Share Posted March 27, 2019 Latest Nationwide results out tomorrow. A modest fall or even no movement will see Annual % Change go negative for the fist time in a very long time. March has been negative for the last 2 years so no doubt a stonking big rise on the cards then? Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted March 27, 2019 Share Posted March 27, 2019 A huge V.I. will ensure there is a YoY increase. Quote Link to comment Share on other sites More sharing options...
happyguy Posted March 27, 2019 Share Posted March 27, 2019 Or stonking great fall Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted March 27, 2019 Share Posted March 27, 2019 6 minutes ago, happyguy said: Or stonking great fall no chance!! YOY increase +2.1% Quote Link to comment Share on other sites More sharing options...
dougless Posted March 27, 2019 Share Posted March 27, 2019 I hope its a big fall but Nationwide are dreadful property rampers so I fear the worst. Don't worry though as their top bod will still be pulling in around £2 million a year. Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted March 27, 2019 Share Posted March 27, 2019 A fall only when a “prop” (bung) is threatend, IR increase mooted, or Budget pending - fluff only when “necessary”. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted March 27, 2019 Share Posted March 27, 2019 If Halifax can come up with a 5.9% monthly rise to prevent an annual fall, then all bets are off. Quote Link to comment Share on other sites More sharing options...
thewig Posted March 27, 2019 Share Posted March 27, 2019 File in bin marked “ministry of truth” at this stage ? Quote Link to comment Share on other sites More sharing options...
SurgeonGeneral Posted March 27, 2019 Share Posted March 27, 2019 Big drop. Lots of selling in Worcester. Quote Link to comment Share on other sites More sharing options...
kev-all-in Posted March 27, 2019 Share Posted March 27, 2019 Could be a good day to bury bad news....? Quote Link to comment Share on other sites More sharing options...
Henrik Posted March 28, 2019 Share Posted March 28, 2019 Nothing as of yet. Are we sure on the dates? Quote Link to comment Share on other sites More sharing options...
Pebbles Posted March 28, 2019 Share Posted March 28, 2019 Dodgy dates given here it is actually friday! Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted March 28, 2019 Share Posted March 28, 2019 2 minutes ago, Pebbles said: Dodgy dates given here it is actually friday! you can add another 0.01% to the value then! Quote Link to comment Share on other sites More sharing options...
PalmerEldritch Posted March 28, 2019 Author Share Posted March 28, 2019 The Economic Calendar i used showed it as today. It's tomorrow 7am. Gives them another day to fiddle with the seasonal adjustments!!! Quote Link to comment Share on other sites More sharing options...
Staffsknot Posted March 28, 2019 Share Posted March 28, 2019 Nationwide generally has bigger exposure down south if memory serves, so may show a small fall. It is going glacially though - be interested to hear from removals owners or the like what they are seeing in different regions. Quote Link to comment Share on other sites More sharing options...
Trump Invective Posted March 28, 2019 Share Posted March 28, 2019 23 hours ago, Ghostly said: Definitely going to be +5.9%. Halifax boss picks up the phone to Nationwide boss: "yeah, our figures are looking dodgy, you need to state somewhere in the vicinity of 4-6% a MONTH ok? Cheers mate." Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted March 28, 2019 Share Posted March 28, 2019 They have tried to play the long game, but have painted themselves into a corner. Positive and further lose of “credibility”, Negative impacts on YoY figure. My guess is Positive, and brass it out. Quote Link to comment Share on other sites More sharing options...
PalmerEldritch Posted March 29, 2019 Author Share Posted March 29, 2019 (edited) 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... Edited March 29, 2019 by PalmerEldritch Quote Link to comment Share on other sites More sharing options...
Voice of Doom Posted March 29, 2019 Share Posted March 29, 2019 Annual price falls in London and South East. London: Annual % change this quarter. -3.8% Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted March 29, 2019 Share Posted March 29, 2019 Can kicking. Quote Link to comment Share on other sites More sharing options...
LetsBuild Posted March 29, 2019 Share Posted March 29, 2019 13 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... 0.2% you say? But I thought we had the biggest growth in house prices EVER this month, that is what the Halifax was saying anyway. Quote Link to comment Share on other sites More sharing options...
dugsbody Posted March 29, 2019 Share Posted March 29, 2019 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. Quote Link to comment Share on other sites More sharing options...
PalmerEldritch Posted March 29, 2019 Author Share Posted March 29, 2019 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. Quote Link to comment Share on other sites More sharing options...
Si1 Posted March 29, 2019 Share Posted March 29, 2019 "“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)" Quote Link to comment Share on other sites More sharing options...
Si1 Posted March 29, 2019 Share Posted March 29, 2019 These aren't inflation adjusted are they? Quote Link to comment Share on other sites More sharing options...
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