rantnrave Posted April 5, 2019 Share Posted April 5, 2019 Out at 7.30. Wonder how last month's whopping 5.9% rise will be followed? I reckon we are in for two monthly falls of. 2.5% or greater. Quote Link to comment Share on other sites More sharing options...
neon tetra Posted April 5, 2019 Share Posted April 5, 2019 I suspect that at least half of that will be undone (as it was surely an aberration). Therefore a fall of 2.9% would be a roughly neutral position. Quote Link to comment Share on other sites More sharing options...
LetsBuild Posted April 5, 2019 Share Posted April 5, 2019 +0.1% with a sneaky revision of last month down by 5.8% Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted April 5, 2019 Share Posted April 5, 2019 are you sure its not out Monday? Quote Link to comment Share on other sites More sharing options...
Voice of Doom Posted April 5, 2019 Share Posted April 5, 2019 +3.2% Annual change +1.6% Quarterly change -1.6% Monthly change So, some of that whopping monthly rise has been reversed. Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted April 5, 2019 Share Posted April 5, 2019 Monday would make more sense, to have it longer in the oven. Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted April 5, 2019 Share Posted April 5, 2019 like the headline... Quote ANNUAL HOUSE PRICE GROWTH EDGES UP TO 3.2% only way is up Quote Link to comment Share on other sites More sharing options...
thewig Posted April 5, 2019 Share Posted April 5, 2019 DEBTpusher says sales of DEBT are growing. Rejoice plebs, verily. Quote Link to comment Share on other sites More sharing options...
Chunketh Posted April 5, 2019 Share Posted April 5, 2019 A work of fiction Quote Link to comment Share on other sites More sharing options...
rantnrave Posted April 5, 2019 Author Share Posted April 5, 2019 Bit busy today. Can anyone check for revisions to last month's beast of a rise? Quote Link to comment Share on other sites More sharing options...
Trump Invective Posted April 5, 2019 Share Posted April 5, 2019 2 minutes ago, rantnrave said: Bit busy today. Can anyone check for revisions to last month's beast of a rise? Revised up to 6.0 Quote Link to comment Share on other sites More sharing options...
Dorkins Posted April 5, 2019 Share Posted April 5, 2019 7 minutes ago, Trump Invective said: Revised up to 6.0 Lol "Guys, I went back and checked, I think last month's number was a bit out." "Yeah we know, I mean it's obviously-" "-too low, exactly." Quote Link to comment Share on other sites More sharing options...
scottbeard Posted April 5, 2019 Share Posted April 5, 2019 3 hours ago, hurlerontheditch said: are you sure its not out Monday? Yep - it's here! https://static.halifax.co.uk/assets/pdf/mortgages/pdf/March-2019-House-Price-Index.pdf Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted April 5, 2019 Share Posted April 5, 2019 “Knock up another Wizard-book crap.” Quote Link to comment Share on other sites More sharing options...
Smiley George Posted April 5, 2019 Share Posted April 5, 2019 This is bonkers.....surely they're setting themselves up for a massive head line grabbing fall at some point soon. This is definitely not what I'm seeing in my area of interest - SW London, most on RM page are consistent reductions. Quote Link to comment Share on other sites More sharing options...
simon2 Posted April 5, 2019 Share Posted April 5, 2019 Sick of all the ******** now. What I am seeing (areas of interest London/South East) - properties very slow to move, got hundreds saved on Rightmove, very few go SSTC - rarely a good one comes on at a low price: goes very fast - many have reductions of c.10-15%, but sellers refuse to reduce any more and property just sits there - some sellers could not sell their properties at all last year, they took them off the market and now have put them back on at exactly the same price, hoping nobody notices. I see a lot of pent-up resistance, your experience might be different. Quote Link to comment Share on other sites More sharing options...
Wayward Posted April 5, 2019 Share Posted April 5, 2019 Hampshire - lots of considerable reductions, 10-15% and more. But I think these are reductions from unrealistic prices in the first place. The Feb Halifax number is the killer. I don't think I have ever seen any explanation for this outlier. Quote Link to comment Share on other sites More sharing options...
Smiley George Posted April 5, 2019 Share Posted April 5, 2019 24 minutes ago, simon2 said: Sick of all the ******** now. What I am seeing (areas of interest London/South East) - properties very slow to move, got hundreds saved on Rightmove, very few go SSTC - rarely a good one comes on at a low price: goes very fast - many have reductions of c.10-15%, but sellers refuse to reduce any more and property just sits there - some sellers could not sell their properties at all last year, they took them off the market and now have put them back on at exactly the same price, hoping nobody notices. I see a lot of pent-up resistance, your experience might be different. This 100%....mexican stand-off between buyers and sellers....need some event now to tip things either way - Brexit, rate rise etc. Just this morning I spoke to an estate agent after they sent us another ridiculous over-priced, 3-bed semi, doer upper (£750k), explained she might as well stop sending me these things until the vendors and themselves acknowledged that the London market has changed fundamentally over last 18 months. Quote Link to comment Share on other sites More sharing options...
hurlerontheditch Posted April 5, 2019 Share Posted April 5, 2019 49 minutes ago, simon2 said: Sick of all the ******** now. What I am seeing (areas of interest London/South East) - properties very slow to move, got hundreds saved on Rightmove, very few go SSTC - rarely a good one comes on at a low price: goes very fast - many have reductions of c.10-15%, but sellers refuse to reduce any more and property just sits there - some sellers could not sell their properties at all last year, they took them off the market and now have put them back on at exactly the same price, hoping nobody notices. I see a lot of pent-up resistance, your experience might be different. i too am in SW london. in the last few weeks i have seen more properties come onto the market with kite flying prices e.g. https://www.zoopla.co.uk/for-sale/details/45488073?search_identifier=dcd71a15a5c844ec8daafe8cae588cfd Quote Link to comment Share on other sites More sharing options...
dpg50000 Posted April 5, 2019 Share Posted April 5, 2019 3 hours ago, hurlerontheditch said: i too am in SW london. in the last few weeks i have seen more properties come onto the market with kite flying prices e.g. https://www.zoopla.co.uk/for-sale/details/45488073?search_identifier=dcd71a15a5c844ec8daafe8cae588cfd 3/4's of a mil for that? PMSL. Quote Link to comment Share on other sites More sharing options...
Staffsknot Posted April 5, 2019 Share Posted April 5, 2019 Reuters saying 3.2% wrong Halifax correcting it to 2.6% Quote Link to comment Share on other sites More sharing options...
MinistryMan Posted April 5, 2019 Share Posted April 5, 2019 Sorry, nothing very inciteful from me, only to reiterate what simon2 said. Its exactly the same round here in Chester and North Wales. A ton of stuff (half decent actually) not shifting, often re-advertised after a year or more. What we have seen is the small 2 and 3 bed stuff go quite quick and at slightly elevated prices, which might explain the apparent rise in 'sold' prices, but isn't a true reflection of the wider market and the houses I'm interested in with 3+ beds and somewhere to park the car. I think we need a tipping point. I thought it might be Brexit, but less convinced the longer that saga continues. I get the feeling for as long as rates remain low people can keep the roof above their head and, although they'd like to sell and have gone to the effort of advertising their house, are not forced to sell, just yet. But I'm happy to wait. I'm a patient awkward sod, that's why my lady says she loves me! Quote Link to comment Share on other sites More sharing options...
user not found Posted April 5, 2019 Share Posted April 5, 2019 4 hours ago, hurlerontheditch said: i too am in SW london. in the last few weeks i have seen more properties come onto the market with kite flying prices e.g. https://www.zoopla.co.uk/for-sale/details/45488073?search_identifier=dcd71a15a5c844ec8daafe8cae588cfd The forced sales will set the prices... The kite fliers will soon smell the coffee. Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted April 5, 2019 Share Posted April 5, 2019 SE (HP22) - nothing selling, inverted Spring bounce ahead. Quote Link to comment Share on other sites More sharing options...
“Nasty Piece of work” Posted April 5, 2019 Share Posted April 5, 2019 (edited) 14 hours ago, Staffsknot said: Reuters saying 3.2% wrong Halifax correcting it to 2.6% Reuter’s say the Halifax released the wrong numbers. Don’t explain to what level. Has the Halifax done it before? (I have edited it - I’m worth it, I can). Edited April 6, 2019 by Freezer? Best place for it Quote Link to comment Share on other sites More sharing options...
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